Two-way trade between Canada and China spiked by nearly eight times this past decade, the Chinese Consul General in Toronto said.
During a meeting with the Toronto Sun editorial board last Thursday, Consul General Fang Li said China-Canada relations are improving because China is “changing” as a country. This has created massive increase in trade — from $7 billion to $55 billion (U.S.) — improvement of visas and a higher number of visitors to Canada.
“If China has a runny nose, the world will have a cold,” Li said, referring to the impact China has on the global economy. “From the trade alone, we can see how we’ve developed. We are two big countries, we have the big population, big land. Canada has less population but more rich natural resources. And Canada has the advantage of clean technology, environmental technology, food processing and health fields. I think we need your co-operation so we can make agreements.”