Canada also appears to be building stronger diplomatic ties to Asia, a move that generally consistent with laying the groundwork for future economic associations. The country recently signed a Foreign Investment Promotion and Protection Agreement that gives generous investment protection to the Chinese. Canada’s government has also approved the $15.1 billion takeover of the Canadian energy giant Nexen by the state-owned China National Offshore Oil Corporation (or CNOOC Group). Formerly one of the harshest voices criticizing China for its human rights record, Canada even seems to have become less vocal on that’s issue – proof that economics can push other issues to the sidelines.
How Keystone XL and Shale Affect Canada/US Trade: Has the Relationship Cooled?
Canada also appears to be building stronger diplomatic ties to Asia, a move that generally consistent with laying the groundwork for future economic associations. The country recently signed a Foreign Investment Promotion and Protection Agreement that gives generous investment protection to the Chinese. Canada’s government has also approved the $15.1 billion takeover of the Canadian…
