appleeater Post time 2018-11-13 17:05:33

China and Canada agree to double trade revenue by 2025

https://news.cgtn.com/news/3d3d674d3455544e30457a6333566d54/img/ac58d2e945ba4ed99121da76f52eb245/ac58d2e945ba4ed99121da76f52eb245.jpg
China and Canada agreed on Monday in Beijing to double their trade revenue made in 2015 by 2025 with a focus on agricultural products. The two countries reached agreements in trade, global governance and investment during the first China-Canada economic and financial strategic dialogue held in Beijing on Monday, according to Xinhua. The two countries may reach a full-scale trade deal, Canadian International Trade Minister Jim Car said after the meeting, Canadian media Financial Post reported on Monday. Although there are concerns in Canada raised over a clause in the new US-Mexico-Canada (USMCA) trade agreement that entry by any party into a free trade agreement with a non-market economy, widely regarded as referring to China, allows the other two parties to terminate the USMCA, the two countries seems confident in their potential for trade cooperation.Finance Minister of Canada, Bill Morneau, who also attended the bilateral dialogue, said the talks were productive, and those talks will continue regularly to keep the momentum going, according to Financial Post. China is the second largest trading partner of Canada and trade with China accounts for 8.4 percent of Canada's total trade revenue in 2017. Canadian companies secured more than one billion US dollars in agreements in the China International Import Expo last week, according to Financial Post.

Mishao Post time 2018-11-14 06:39:01

Good news for both countries.

markwu Post time 2018-11-14 11:24:18

Hoping to see the same progress in RCEP countries by first quarter next year.

China's outbound tourism has helped many countries. Her market is also a good lever to sustain growth in industries of other countries.  These two points are important....

BUT those countries must first help ensure that China progresses in order to be able to continue opening her markets.

AND China can progress faster if those which considers her a rival are ignored by those which want to cooperate with her.

Countries should have more trust in China and invest in her growth so that she can buy more from them. If they don't, they will lose out and have only themselves to blame in the near future.

A strong China is good for the world economy.

cmknight Post time 2018-11-19 00:12:26

The article doesn't mention that Canadian media was barred from the Trade Talks at the request of the Chinese,, nor does it mention that China labels Canadian media as a threat to China's trade relations with Canada. Trade deals with China are always decidedly one-sided, as has been shown in the past. The ONLY thing that China wants from Canada is her natural resources, and she is bound and determined to get them by hook or by crook. Mostly by crook.

Liononthehunt Post time 2018-11-19 15:14:13

cmknight Post time: 2018-11-19 00:12 static/image/common/back.gif
The article doesn't mention that Canadian media was barred from the Trade Talks at the request of th ...

Hard to imagine that Canada has the nerve to stand up to its bullying big brother, but bows to pressure from China.

Do you imply your domestically elected politicos are all gullible lads striking deals with China even if they are not mutually beneficiary? ;P

cmknight Post time 2018-11-20 09:08:37

Liononthehunt Post time: 2018-11-19 15:14 static/image/common/back.gif
Hard to imagine that Canada has the nerve to stand up to its bullying big brother, but bows to pre ...

I wouldn't say they were gullible, however, China is a larger trading partner than the US, ergo, more money. Trump bullies by using tariffs, which hurt his own country more than ours. China bullies by refusing to deal if you don't play by her rules and her rules alone. In other words (to make it easy to understand), "If you don't play the game my way and let me win, I'm taking my ball and going home."

China did this with the last trade deal with Canada in terms of the 15-year opt-out clause. If China wanted out of the deal it could leave at a moments notice. If Canada wanted out of the deal, it was either wait 15 years, or pay China $15 Billion. Either way, it was China win / Canada lose. Those were the stipulations that China put in place. That is not a fair trade deal under any circumstance. It also violates the WTO's Fair Trade regulations.

pnp Post time 2018-11-20 12:30:03

cmknight Post time: 2018-11-19 00:12 static/image/common/back.gif
The article doesn't mention that Canadian media was barred from the Trade Talks at the request of th ...

"The ONLY thing that China wants from Canada is her natural resources, and she is bound and determined to get them by hook or by crook. Mostly by crook."

It would do you some good if you could support your scurrilous claim with some examples!
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