world-economy

Canada Pursues Aggressive China Export Strategy Amid US Trade Turbulence

Canada is targeting a 50% increase in exports to China by 2030, according to Foreign Minister Anita Anand, as diplomatic engagement between Ottawa and Beijing intensifies. The export push comes as the country grapples with a technical recession driven by subdued business and government spending in the first quarter. China's Foreign Minister is visiting Ottawa for the first time in a decade, signaling renewed bilateral focus. The initiative reflects Canada's strategy to diversify trade partnerships as tensions between Washington and Beijing persist. Economic headwinds affecting major export-dependent nations have underscored the urgency of building alternative market relationships.