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Canada’s Carney hails ‘strategic partnership’ in talks with China’s Xi

Canada’s Carney hails ‘strategic partnership’ in talks with China’s Xi

Summary

The leaders of China and Canada, President Xi Jinping and Prime Minister Mark Carney, have agreed to work on improving relations between their countries. They aim to build a "strategic partnership" in response to global challenges, despite ongoing trade tensions. Discussions are ongoing in areas like agriculture, energy, and finance, although no decisions on tariffs were announced.

Key Facts

  • President Xi Jinping and Prime Minister Mark Carney are working to improve China-Canada relations.
  • Carney is the first Canadian prime minister to visit China in eight years.
  • Talks have been ongoing since October to restore cooperation between the countries.
  • Areas of focus include agriculture, energy, and finance.
  • Tensions remain due to tariffs each country has imposed on the other's goods.
  • Canada previously followed the U.S. in setting high tariffs on Chinese goods, leading to Chinese tariffs on Canadian products.
  • Carney mentioned a desire to diversify Canada’s economy beyond reliance on the U.S.
  • President Trump's trade policies have impacted both Canada’s and China’s economies.

Source Information