Two weeks ago, Prime Minister Stephen Harper promoted an enhanced trading partnership at a state dinner in Ottawa with Chinese President Hu Jintao. And this week, Liberal Leader Michael Ignatieff is touring China saying the ties between the two nations should be taken to a new level.Chinese companies are about to invest billions in our oil and gas industry.
Chinese companies are set to spend billions more on Canadian oil and gas properties in coming years, as the resource-hungry nation scours the world for energy, the executive in charge of Canadian operations for one of China’s major state-owned oil firms says.President Hu Jintao says China also wants to double trade with Canada to the tune of $60 billion by 2015.
China, the world's biggest exporting nation, wants to double its trade with Canada to $60 billion by 2015, President Hu Jintao said on Thursday.They also opened up their border to Canadian beef again after the BSE crisis.Hu made his remarks during a meeting with Canadian Prime Minister Stephen Harper, whose Conservative government is trying hard to boost ties with Beijing."I have agreed with Prime Minister Harper that we should take active measures to make our countries' two-way trade volume reach a target of $60 billion by 2015," said Hu, who noted that bilateral trade last year totaled $29 billion.