Prime Minister Mark Carney aims to set new expectations in Canada’s engagement with China as he prepares to meet President Xi Jinping during the upcoming Asia-Pacific Economic Cooperation (APEC) summit in South Korea. This meeting marks the first encounter between the two leaders since tensions escalated following the 2018 arrest of Huawei executive Meng Wanzhou at the request of the United States, which led to the detainment of two Canadians, Michael Kovrig and Michael Spavor, by Beijing.
Carney, speaking to reporters at the conclusion of the ASEAN summit in Kuala Lumpur, Malaysia, confirmed the upcoming meeting as a pivotal step in initiating a broader dialogue. He referenced a recent discussion with Chinese Premier Li Qiang at the UN General Assembly, indicating that the agenda encompasses a wide array of topics ranging from the commercial partnership to the evolution of the global system.
Anticipating the meeting with President Xi, Carney expressed optimism about the potential for rebuilding relationships that have deteriorated over time. He acknowledged China as Canada’s second-largest trading partner, the world’s second-largest economy, and a significant global player.
Meanwhile, U.S. President Donald Trump is also seeking a meeting with Xi following the announcement of a framework for a potential trade agreement between the two countries. Carney hinted at the possibility of easing investment restrictions on Chinese capital imposed by the previous government under Justin Trudeau and left the door open for negotiations on a free trade agreement or the removal of tariffs on Chinese electric vehicles.
The last formal meeting between a Canadian prime minister and Xi took place in 2017, without reaching a trade deal, leading to strained relations culminating in recent retaliatory measures from both sides. Carney emphasized that despite the challenges, there is ample room for significant improvement in the bilateral relationship.
Overall, Carney’s upcoming meeting with President Xi signifies a crucial step towards redefining and strengthening Canada’s ties with China, fostering optimism for a more positive trajectory in their engagement.