Trade Tops China, Canada Meeting Agenda
Trade will top the agenda between China and Canada next week during Canadian Prime Minister Justin Trudeau’s visit to China. According to Bloomberg, the visit is aimed at promoting a "progressive trade agenda” that Canada says will “create good, middle-class jobs".
The trip comes as Canada is in the midst of renegotiating NAFTA with the U.S. and Mexico. China was Canada's second-largest trade partner behind the U.S. last year, with nearly $70 billion in total trade. Merchandise shipments to China rose 4% to almost $21 billion in 2016, led by forest and agricultural products. Officials from China say a potential bilateral trade deal with Canada would boost economic integration in the Asia-Pacific region.
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