-
Kenya's economy faces climate change risks: World Bank
-
Baltics transform from Soviet stagnation to startup hubs
-
AI keeps consumer prices high in 'RAMaggedon' chip crunch
-
Five of Cuba's 15 provinces without power as grid fails again
-
Baltic startups take aim at deterring Russia on NATO's eastern flank
-
OPEC+ tipped to raise production again but new quotas loom
-
France's largest wildfire in decades 'under control', says minister
-
South Korea baseball league cancels two games over heatwave
-
Warsaw and Kyiv exhume Volyn victims at centre of diplomatic quarrel
-
India PM Modi says he forgives protesters who abused him
-
California lifeguards wiped out from extreme weather
-
US plans steep water cuts for southwest amid Colorado River crisis
-
Amazon surges as US stocks shrug off bond yield worries
-
Oil giants report blowout profits on war, warn high gas prices could persist
-
Hungary to shut nuclear plant as heatwave hits central Europe
-
Google launches new satellite image AI tool, alarming researchers
-
Tech-fuelled rally fizzles as oil prices rise
-
US Fed dissenters call for rate hikes over sustained inflation
-
Alarm over climate-linked low level of German waterways
-
New York sues online prediction markets giant Kalshi
-
Commerzbank agrees to talks with UniCredit after two-year standoff
-
Profits surge at US oil giant amid Iran war supply shock
-
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth
-
Stock markets rally on tech rebound
-
Japan probe made closest-ever asteroid flyby: space agency
-
France, Spain assess scorched terrain as new wildfires threaten other regions
-
British oil giant BP aims to sell North Sea business
-
Chipmaker Kioxia reports AI-driven 45-fold surge in quarterly net profit
-
China factory activity slides as leaders seek spending boost
-
Far right and far left battle for power in polarised Berlin
-
Tech rebound fuels record-breaking rally in South Korean stocks
-
The last trio: S.Africa's zoo elephants await their fate
-
Cables and cooling bring AI windfall to Indian suppliers
-
Oil industry sees war windfall but girds for political blowback
-
Anthropic's models gained unauthorized 'real-world' access during testing
-
Amazon beats expectations with cloud and AI growth
-
Apple tops estimates in CEO Cook's final quarter, but shares fall
-
Blowout Microsoft results lift US stocks as oil retreats
-
Milei demands expulsion of foreigners expressing 'hate' against Argentina
-
'Beginning of the end': Relief but no party as French wildfire winds down
-
Italy's Po River valley on drought alert
-
Southern Europe 'becoming more flammable' in hotter climate, experts say
-
Prada profits pinched as growth hard to chase
-
Mammoth bones found on parched bed of Danube in Bulgaria
-
Stocks climb on earnings and rates, oil retreats
-
MEXC Lists Grvt (GRVT) with $60,000 Worth of GRVT and 10,000 USDT in Airdrop+ Rewards
-
US economic growth slows in second quarter, missing expectations
-
George and Amal Clooney flee French home due to wildfire
-
Russia adds Telegram founder Durov to 'terrorist' blacklist
-
MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
Turning point? Canada's tumultuous relationship with China
Canadian Prime Minister Mark Carney will head to Beijing on Tuesday to meet with Chinese leader Xi Jinping, hoping for closer ties as he looks to reduce his country's dependence on the United States.
The trip will be the first by a Canadian leader in almost a decade, as the two sides seek to turn the page on a series of diplomatic spats.
Here is why the visit is significant and what it could mean for China-Canada relations:
- Big deal -
Carney will visit China from Tuesday to Saturday, and is scheduled to meet with Xi and Premier Li Qiang, among other government and business leaders.
It will be Carney's first official trip to China as prime minister, and the first visit by a Canadian leader to Beijing since Justin Trudeau's in December 2017.
Canada's relations with China have been among the worst of any Western nation. But Carney and Xi in late October held the first formal talks between the countries' leaders since 2017, with the Chinese president inviting the Canadian to visit.
Carney's visit will aim to "elevate engagement on trade, energy, agriculture, and international security", his office said in a statement on Wednesday.
- Testy relations -
Ties fell into a deep freeze in 2018 after the arrest of the daughter of Huawei's founder on a US warrant in Vancouver, and China's retaliatory detention of two Canadians on espionage charges.
Ottawa and Beijing have also imposed tit-for-tat tariffs on each other's products, including Canadian canola used to make cooking oil, animal feed and biodiesel.
Carney announced in July a 25 percent tariff on steel imports that contain steel melted and poured in China.
The following month, Beijing imposed a painful temporary customs duty of 75.8 percent on canola imports from Canada, which is among the world's top producers of the crop.
China has also been accused of interfering in Canadian elections in recent years.
The G7, which Canada is a member of, in late October announced new projects aimed at reducing China's dominance of critical mineral supply chains.
- 'Turning point' -
The first sign of warming ties came in late October with Xi and Carney's meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in October.
The Canadian premier called it a "turning point" in relations, and said he raised tricky topics such as the alleged Chinese interference in Canadian elections, saying it was "important to have that discussion" to get relations "back on track".
The leaders discussed "respective sensitivities regarding issues including agriculture and agri-food products, such as canola, as well as seafood and electric vehicles", according to a Canadian statement.
Meanwhile, Xi told Carney that China-Canada relations have "shown a recovery toward a trend of positive development" recently with joint efforts of both sides.
China was willing to work with Canada to bring relations "back to the right track", Xi added.
- Cosying up to China -
While Canadian foreign policy has for years been hawkish towards China, US President Donald Trump's mercurial trade policies and aggression towards allies could prompt a pivot.
The majority of US-Canada trade remains tariff-free, but Canada has been hit particularly hard by Trump's global tariffs on steel, aluminium, vehicles and lumber -- due to the interconnected nature of the neighbouring economies.
Trump also previously hiked tariffs on Canada by 10 percent over an anti-tariff ad campaign that featured late US president Ronald Reagan.
In October, Carney said Canada should double its non-US exports by 2035 to reduce reliance on the United States.
US-Canada trade was worth more than $900 billion in 2024, US government data showed.
Canada was also outraged by Trump's calls last year for it to become the 51st US state.
With Canada and China both heavily targeted by Trump's tariffs, Carney and Xi will likely try to dial down trade tensions between their two countries.
China is Canada's second-largest trade partner, Carney's office said, totalling C$118.7 billion ($85.5 billion) in two-way merchandise trade in 2024.
H.Cho--CPN