Space Travel News  
TRADE WARS
Canada and China hail ties as trade talks languish
by Staff Writers
Beijing (AFP) Dec 5, 2017


Visiting Canadian Prime Minister Justin Trudeau met Chinese President Xi Jinping on Tuesday, with each side voicing hope for future cooperation even as expected trade talks have failed to materialise.

Trudeau arrived in China this week amid speculation the two sides would announce the start of talks on a proposed free trade agreement.

But with top-level meetings in Beijing now completed, no progress has been announced.

Meanwhile, Canada's trilateral talks with the United States and Mexico to revamp the North American Free Trade Agreement (NAFTA) appear headed towards deadlock.

Trudeau told reporters earlier Tuesday with regard to the China pact that both sides want to "make sure the progress we make is solid and the things we commit to, we can deliver on".

At a meeting later in the day, Xi hailed Trudeau's second visit to China in as many years as "extremely useful" for bilateral relations, but otherwise no news emerged from the encounter.

China is Canada's second-largest trading partner, far behind the United States, with bilateral trade of more than Can$85 billion (US$67 billion).

On Monday Trudeau and Premier Li Keqiang signed cooperation documents covering energy, food products and education, but details have been scant.

Li said exploratory talks on a potential free-trade agreement would continue.

China already has such deals with Australia, New Zealand, and Switzerland, among others.

The two sides also said Monday that Canadian beef and pork would have greater access to the Chinese market and that they would work toward agreement on Canadian exports of canola to China.

A new joint statement on battling climate change was also issued but no details given.

Trudeau's five-day visit, which ends Thursday, is his second to China since he came to power two years ago.

On NAFTA, Canada and Mexico staunchly oppose US proposals to add a sunset clause to the trade deal along with requirements for minimum US content in car parts and the nixing of the pact's trade dispute mechanism.

The US has adopted a more protectionist tone under President Donald Trump.

"It's a time where there is much political space given up in various countries for populism or resurgent nationalism, and Canada stands strongly... for international trade that benefits everyone," Trudeau told reporters.

He travels Tuesday night to the southern city of Guangzhou to attend a business forum.

Chinese Premier Li visited Canada in September 2016, when the two sides agreed to double bilateral commerce by 2025.

TRADE WARS
Australia casino giant Crown hit with class action over China
Sydney (AFP) Dec 4, 2017
Australian gambling giant Crown was hit with a class action Monday after 18 employees were arrested in China, alleging it did not give shareholders enough information about the risks being taken. The employees, who pleaded guilty, were held for 10 months on charges of luring rich Chinese to Australia, before being released in August. They included Jason O'Connor, the executive vice pres ... read more

Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
TRADE WARS
Opportunity Greets Winter Solstice

NASA builds its next Mars rover mission

Earthworms can reproduce in Mars-like soil

Gadgets for Mars

TRADE WARS
Japan signals growing support for Deep Space Gateway concept

Moon's crust underwent resurfacing after forming from magma ocean

Russia tests new spaceship set to deliver people, cargo to moon

NASA Team Studies CubeSat Mission to Measure Water on the Moon

TRADE WARS
Pluto's hydrocarbon haze keeps dwarf planet colder than expected

Jupiter's Stunning Southern Hemisphere

Watching Jupiter's multiple pulsating X-ray Aurora

Help Nickname New Horizons' Next Flyby Target

TRADE WARS
Exoplanet Has Smothering Stratosphere Without Water

Mexico's Yucatan Peninsula reveals a cryptic methane-fueled ecosystem in flooded caves

Newly Discovered Twin Planets Could Solve Puffy Planet Mystery

Scientists identify key factors that help microbes thrive in harsh environments

TRADE WARS
Russia to build launch pad for super heavy-lift carrier by 2028

Flat-Earther's self-launch plan hits a snag

Mechanisms are critical to all space vehicles

SSTL ships CARBONITE-2 and Telesat's LEO-1 for PSLV launch

TRADE WARS
Nation 'leads world' in remote sensing technology

China plans for nuclear-powered interplanetary capacity by 2040

China plans first sea based launch by 2018

China's reusable spacecraft to be launched in 2020

TRADE WARS
NASA telescope studies quirky comet 45P

Russian Astronomers Show Big Asteroid Approaching the Earth

ESO observations show first interstellar asteroid is like nothing seen before

First observed interstellar visitor dazzles scientists









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.