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For Canada and China, our economic differences could prove mutually beneficial

The following is excerpted from the 17 August 2012 edition of The Globe and Mail.

A study by Canadian and Chinese officials on their two countries’ economic relationship, released this week, is an impressively substantive work, which invites the inference that a sectoral approach to Canadian-Chinese trade is more practical than a comprehensive deal such as the North American free-trade agreement.

The explicit theme is the countries’ economic complementarities, in seven sectors (agriculture, clean technology, machinery, natural resources, services, textiles, and transportation infrastructure and aerospace). For each sector, the report discusses bilateral trade patterns, ongoing co-operation, bilateral challenges and the complementarities and opportunities for growth.

This commentary is available in its entirety at:
http://www.theglobeandmail.com/commentary/editorials/for-canada-and-china-our-economic-differences-could-prove-mutually-beneficial/article4487373/

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel
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