Asia

China seeks improved ties with Canada amid rising trade tensions

Beijing has also launched an anti-dumping investigation into Canadian canola that is set to conclude in September.

Canola, also known as rapeseed, was one of Canada’s top exports to China, the world’s number 1 agricultural importer, prior to Beijing’s investigation.

“The two governments should listen to and respond to the people’s calls and do more to deepen the friendly cooperation and enhance mutual understanding and trust,” Li told Carney.

China is Canada’s second-largest trading partner, trailing far behind the US. Canada exported US$47 billion worth of goods to the world’s second-largest economy in 2024, according to Chinese customs data.

Beijing is also willing to work with Canada to safeguard multilateralism and free trade, Li added.

Beijing’s olive branch to Ottawa also comes ahead of a Group of Seven summit of leaders in Canada in mid-June.

At the G7 summit in Italy last year, G7 leaders were critical of China, saying they would take steps to shield their economies from China’s “unfair” practices.

Source: CNA

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