Canada China

How Canadian Companies Are Adding Emerging Markets To Their Export Strategy

Peter Hall | Posted 08.21.2014 | Canada Business
Peter Hall

The tech wreck, the thickening border with the U.S. and the soaring loonie in the mid-2000's turned the attention of Canada's exporters to fast-growing emerging markets. In a relatively short time span, our trade with this rapidly-rising part of the global economy has risen from less than 5 per cent to almost 13 per cent of our merchandise exports.

Examining Core Values on World Elephant Day

Sangita Iyer | Posted 08.12.2014 | Canada
Sangita Iyer

Today is the third annual "World Elephant Day" honoring two magnificent species, and bringing global awareness to the plight of African and Asian elep...

How To Launder Money Like a Chinese Billionaire

Diane Francis | Posted 08.11.2014 | Canada Business
Diane Francis

In China, crooks don't have to go to the casino because intermediaries called "junkets" will swap Yuan for gambling chips that can be cashed into Hong Kong or Macao currency at the casino then wired by Hong Kong banks to tax havens or accomplices offshore. The goal is to buy a condo or luxury goods with funds from a trust managed by a shell company in Grand Cayman, owned by another trust in Guernsey with an account in Luxembourg managed by a Swiss banker who doesn't know who the owner is.

China Detains Canadian Couple For Allegedly Stealing State Secrets

CP | Diana Mehta, The Canadian Press | Posted 08.06.2014 | Canada British Columbia

TORONTO - A Canadian couple detained in China on suspicion of stealing state secrets about the country's military spend their days running a coffee sh...

New Coal Mine Construction Is a Giant Step Back For Australia

David Fogarty | Posted 07.29.2014 | Canada
David Fogarty

For Australia, coal remains king. The nation, one of the world's top coal exporters, approved construction of the country's largest coal mine Monday. Environmentalists say the decision is a major setback for efforts to fight climate change and further tarnishes the government's global image.

Why The World Should Watch Hong Kong And China

Mark Milke | Posted 07.28.2014 | Canada Politics
Mark Milke

With the recent Russian-inspired tragedies in eastern Ukraine and the war between Israel and Hamas in Gaza, much of the world is understandably focused on those regions. But another continent, Asia, is worth watching, particularly Chinese government action vis-à-vis Hong Kong.

China Is On Speed. What's Canada On?

Joseph Soares | Posted 07.08.2014 | Canada
Joseph Soares

China has pursued this technology leadership goal for 20 years. Back in the 1990s, it began importing technology from Germany, the Siemens Velaro model; from France, the Alstom New Pendolinos. And, guess what? The Zefiro 250 type, made right here in Canada by Bombardier. In 2008, investment in high-speed rail projects shot up to $88 billion with plans to open 42 new lines.

Are We Wrong About China's Economy?

Peter Hall | Posted 06.25.2014 | Canada Business
Peter Hall

China is again faced with the pre-crisis problems that were all the rage. First, how does it, and the rest of the world, cope with the demands of the 40 million odd new entrants to its middle class every year? And what if these really become a Western-style consumer class? Third, how does China sustainably manage its growth?

How Growing Trade Alliances Among Middle-Power Countries Will Harm the Dollar

Qais Ghanem, MD | Posted 08.13.2014 | Canada Politics
Qais Ghanem, MD

The acronym BRICS stands for the group consisting of Brazil, Russia, India, China and South Africa. If predictions are true, Iran and Turkey may soon join, creating BRICSIT. Increasing trade among these economies may be bad news for the U.S. dollar.

The Fourth Revolution: A Good Read

Diane Francis | Posted 08.08.2014 | Canada
Diane Francis

"The Fourth Revolution: The Global Race to Reinvent the State" by Economist Editor in Chief John Micklethwaite and Economist Managing Editor Adrian Wo...

The Spring Of Our Discontent

Ranjani Iyer Mohanty | Posted 07.01.2014 | Canada
Ranjani Iyer Mohanty

The epic task is well underway. The first week it happened in Kerala, Haryana, and some of Assam. The second week it happened in Karnataka and parts...

The Probe of Three Gorges Officials Is Getting Too Close for Communist Party Leaders

Patricia Adams | Posted 06.18.2014 | Canada
Patricia Adams

Chinese President Xi Jinping's sweeping campaign to root out graft and curb abuse of power is now trained on the Three Gorges Corporation, the state-owned enterprise that built and operates the world's largest dam.

What Flight MH370 Has Done to Malaysia-China Relations

Munir Majid | Posted 06.03.2014 | Canada Business
Munir Majid

There have clearly been security lapses which need explanation -- as much to Malaysians as to anybody else. And at the outset, the crisis management could have been better coordinated. However, there is no indication there is something that could have been done to alter the realities of this tragedy. So why has Chinese diplomacy targeted the Malaysian authorities so harshly?

Ukraine Is Another Example of a Dangerous World of Clashing Hegemons

Errol P. Mendes | Posted 05.18.2014 | Canada
Errol P. Mendes

When the history of the early decades of the 21st Century is written, it may well be called the era of multiple clashing hegemons. The most recent glo...

China Must Regulate Pollution or Be Doomed to an "Airpocalypse"

Patricia Adams | Posted 05.09.2014 | Canada Politics
Patricia Adams

China's National People's Congress meet in Beijing Wednesday, with the country's crippling smog, which now looms as a threat to the leadership, high on the agenda. China's air isn't polluted because the technologies to keep it clean are unavailable but because the country lacks a credible regulatory regime that makes polluters pay and rewards investors to innovate. Why does the government target BBQs and individuals instead of the major polluters? Because it knows how to deprive ordinary citizens of their property and their lives. It doesn't know how to regulate an incoherent economy bereft of market discipline.

The World Is Getting Hungrier

Peter Hall | Posted 05.06.2014 | Canada Impact
Peter Hall

The world is getting hungrier. It has been said many times, but it bears repeating: the rise of emerging markets over the past three decades is now vaulting millions into the ranks of the middle class every year.

Cultural Insights on China and Japan That Everyone Can Use

Sara Graham | Posted 04.13.2014 | Canada Travel
Sara Graham

A personal introduction in advance will make your visit all the more enjoyable. Both Japanese and Chinese cultures view it as a sign of respect to extend themselves on behalf of a mutual friend, and you may find that they go to significant personal inconvenience and expense to make you feel welcome.

The Three Letters That Run Global Commerce

Neil Seeman | Posted 04.12.2014 | Canada
Neil Seeman

The DNS phone book helps humans navigate the underlying complexity of the Internet. Humans don't remember long numbers very well. They remember names much better. Hence the invention of DNS for University, government and then corporate email -− well before the proliferation of websites.

Typhoons Are Only Getting More Powerful as the Planet Warms

David Fogarty | Posted 03.19.2014 | Canada
David Fogarty

The intensity of tropical cyclones striking East Asia has sharply increased over the past 30 years and major cities and ports such as Shanghai in China could face a greater threat from more powerful storms in future, a study published on Thursday shows.

6 Reasons Canada Won't Share America's Economic Growth in 2014

Diane Francis | Posted 02.26.2014 | Canada Business
Diane Francis

Consumer debt is Canada is worrisomely high. The housing bubble in Ontario, condo craziness, has forced prices for all real estate upwards, and increased borrowing, with the result that Canadians now have switched places with the Americans as holders of the highest consumer debt.

U.S. and Canada Should Become Partners in the Arctic

Diane Francis | Posted 02.12.2014 | Canada Politics
Diane Francis

The fact is that Canada may announce claims, but it's too little too late and quite beside the point. Canada is not even in the Arctic game and cannot catch up unless it invests hundreds of billions of dollars or, alternatively, joins forces with the rich and powerful United States. Here's why.

What Killed China's Renewable Energy Industry?

Patricia Adams | Posted 02.11.2014 | Canada Business
Patricia Adams

China's aggressive push to "green" its economy and become the world leader in renewable energy is admired by many commentators in the West. Those admirers need to look again; after years of over-development in the face of decreasing demand, China's renewable energy market is on life support, barely kept alive by government subsidies.

My Life as a Secret Back Channel in Iran

Michael Ledeen | Posted 02.03.2014 | Canada
Michael Ledeen

I was a secret back channel to the Khomeini Regime in 1985. So when I read about the current crop of secret diplomats, and their dealings with (thus far unnamed) Iranians, I know what they went through. It's not always fun, rarely glamorous, and always dangerous.

Canada Needs to Think More Like a Company

Diane Francis | Posted 02.02.2014 | Canada Business
Diane Francis

Facts are that the new cold war is like the old one but is about conquering markets and resources. Canadians and Americans must join this economic weapon race and creating a trade sales force through embassies is a decent beginning. But much more needs to be done in concert with the Americans.

A Lesson From Hitler About the Iran Deal

Rabbi Ben Hecht | Posted 01.28.2014 | Canada Politics
Rabbi Ben Hecht

Whether we like it or not, we live in the shadow of Neville Chamberlain's Munich deal with Hitler. It must affect our perspective on any agreement of this nature. What we learned from Munich, though, was that deals do not finalize the results. What Hitler absolutely taught us was that what one says and even promises is not necessarily what one means.