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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
The Dutch chipmaker expects annual net sales of €36 billion (US$42.5 billion) to €40 billion after releasing its first-quarter results.
Peter Magyar pledges reforms to restore transparency and fiscal stability as Hungary shifts from Viktor Orban’s investment model.
Record turnout hands opposition Tisza Party a decisive victory in Hungary.
With opposition Tisza party leading in the polls, businesses ponder implications if Orban’s Fidesz party loses 16-year grip on power.
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Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say.
A fragile truce prevented all-out confrontation, but Beijing and Washington remain locked in a struggle few analysts see easing any time soon.
Francois-Philippe Champagne’s four-day trip comes close on the heels of Canadian Prime Minister Mark Carney’s visit to Beijing in January.
Washington’s measures may breach WTO rules and past agreements, commerce ministry says.
The UK government cited security concerns but gave few details, leaving observers to question if geopolitical pressure shaped move.
China Eastern Airlines said it would take delivery of the A320neo aircraft, worth US$15.8 billion, between 2028 and 2032.
Chinese firms operating in Europe have very different view to European firms with investments in China, survey finds.
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.
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.
