Canada’s Carney and China’s Xi Jinping take step towards mending ties
Summary
Canadian Prime Minister Mark Carney and Chinese President Xi Jinping met in South Korea during a summit to improve relations between their countries. The meeting was seen as a turning point in their relationship, which had been strained due to past conflicts. The leaders discussed solutions to trade issues and expressed a desire to work together despite previous tensions.Key Facts
- Prime Minister Mark Carney of Canada met with Chinese President Xi Jinping at the Asia-Pacific Economic Summit in South Korea.
- Both leaders agreed the meeting was a turning point for their countries' relationship.
- Relations between Canada and China worsened in 2018 after Canada arrested a Huawei executive, and China detained two Canadians, charging them with espionage.
- Recently, Canada imposed high tariffs on Chinese electric vehicles, steel, and aluminum, leading China to retaliate with tariffs on Canadian goods like canola, seafood, and pork.
- President Xi invited Prime Minister Carney to visit China, although no date has been set.
- The leaders expressed a commitment to resolving ongoing trade issues and improving economic cooperation.
- Carney aims to diversify Canada's trade away from the U.S., with plans to increase non-U.S. exports over the next decade.
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