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Xiaofei Xu
Reporter, Political Economy
Xiaofei joined SCMP in 2025 after four years at CNN's Paris bureau where he covered the rise of far-right forces in France, the economic fallout of the war in Ukraine and many other subjects. Xiaofei has a master's degree in French History from the University of Chicago.
Xiaofei joined SCMP in 2025 after four years at CNN's Paris bureau where he covered the rise of far-right forces in France, the economic fallout of the war in Ukraine and many other subjects. Xiaofei has a master's degree in French History from the University of Chicago.
Areas of Expertise:
French economy and politicsLanguages Spoken:
Cantonese, English, French, Mandarin
Governments are racing to respond, as oil and gas prices raise fears of a further spike in living costs.
With more than half of Chinese new car sales being electric in 2025, the nation could save US$28 billion a year in avoided oil import costs.
As the US president cites the Iran war for his delay and Paris talks see only minor progress, experts said more negotiations were likely.
The two sides held deep, frank and constructive consultations, China’s top international negotiator says.
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Discussions expected to focus on trade, investment and rare earths ahead of crucial Xi-Trump summit later this month in Beijing.
Discussions expected to focus on trade, investment and rare earths ahead of US President Donald Trump’s visit to China later this month.
Both sides have short-term incentives to maintain their ‘trade truce’ so they can focus on dealing with domestic issues, analysts say.
German carmaker reports a solid start to 2026 amid stabilising prices, with new EV model, its ‘most Chinese car’ ever, coming soon.
Baden-Wurttemberg’s car industry is facing steep job losses amid intense Chinese competition. But local candidates largely avoided blaming China.
China’s top economic officials outline plans to support tech firms with stock market reforms and measures to stimulate demand.
The president said China’s strongest regions should be proactive in tech transformation, hold a ‘bottom line mindset’ to resist external shocks.
Delegates to discuss trade and investment deals amid rising global tensions in lead-up to President’s first visit since returning to power.
Analysts urge EU to accelerate green energy transition and reduce reliance on fossil fuel imports.
Cyprus hit, oil prices jump and EU leaders clash over legality, regime change and Washington’s role in the widening conflict.
Chinese tech firms have been using the Milano Cortina Games to showcase their capabilities to a global audience.
Despite a weak outlook, the company unveils a strategy to further localise production in China, introduce AI-based upgrades and launch new models.
Investigation into firm’s governance could last six months, with one analyst warning of damage to bilateral ties.
French alcohol exports to mainland China and the US dropped by 19.5 and 21 per cent in 2025 as tariffs stifled global trade.
Finance minister distances himself from French government agency’s proposal for blanket EU tariffs on China to stop ‘destruction’ of local industry.
The Games have become a test case for firms seeking to raise their global profile, highlighting rising ambitions and challenges.
Domestic entities, as well as offshore entities under their control, cannot issue virtual currencies overseas without approval.
Ukrainians are buying Chinese batteries and emergency items en masse after Russian strikes, with Beijing’s ties to Moscow no damper on trade.
New pact designates a new yuan clearing bank, boosts cross-listings and expands green finance, accelerating the international use of China’s currency.
Brussels’ ‘abuse of investigations’ is harming China-EU cooperation and slowing Europe’s green transition, Beijing warns.
Sanchez is expected to become the latest Western leader to go to the Chinese capital as the US’ policies prompt a reassessment.
Wingtech projects a loss of up to US$1.9 billion in 2025, owing to the Dutch government’s takeover of Nexperia.
US limits on ASML’s China trade continue to define the company’s growth pattern, with overall sales up despite China revenues falling.
Tesla’s vehicle production fell 7 per cent year on year in 2025, as Elon Musk signals company will pivot to humanoid robots.
Brussels diversifies away from China and US risks, while the pact makes India a more attractive place for European firms to sell vehicles and fuel growth.
