China-Canada relations are clearly improving, due the fact...

China-Canada relations are clearly improving, due the fact that the two-way trade between Canada and China has sharply increased about eight times in the last 10 years alone. This increase in trade has massively increased the improvement of visas and the amount of visitors which come to Canada from China, not to mention the $55 billion that is now gained. â€Å"If China had a runny nose, the world will have a cold,† said China’s Consul General in Toronto, Fang Li, referring to the sturdy foothold China has on the global economy. This is undoubtedly true, however China needs Canada’s co-operation in regards to clean technology, environmental technology, food processing and health fields. Fang Li continues to point out that there are â€Å"1.5 million†¦show more content†¦The China-Canada relationship is the solution to every problem Canada faces in the long term and as a result, greatly improves Canada’s economy as a whole. By trading with China w e are able to increase the exports of both services and manufacture goods via raw resources and healthcare and decrease our reliance, as a country, on the United States. China is also newly industrialized country which has shown enormous economic growth. In fact, China now accounts for about six percent of Canada’s world emerging as Canada’s second largest trading partner. China’s role in Canada’s economic market will clearly enhance the lives of all Canadians, through the sheer amount of trades they bring in and for the future of Canada’s trade; with China at Canada’s side, we will be able to set a stable economic foundation for all, making this extremely important for all Canadians. Chinese immigrants provide a positive implication on both Canadian Economic growth hand the relationship between China and Canada. Amazingly, â€Å"there are currently 1.5 million Chinese nationals living in Canada,† says Fang Li. Without this continuous flow of immigrants from China, Canada and its citizens would find themselves in a situation where the number of 20 to 44 years old would be declining. â€Å"Without the vital immigration China provides, Canada’s growth would just not beShow MoreRelatedEssay Pest Analysis on Nafta2946 Words   |  12 PagesUtilising a PEST framework, explore the ways in which your chosen regional organisation shapes the environment for business in that region. 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