China actions spark Canada review of rules on foreign investment

, doesn’t outline specific amendments to the law, but says Canada will act “decisively when investments from state-owned enterprises and other foreign entities threaten our national security.” It’s part of a section on the country’s new approach toward China, which Trudeau’s government describes as an “increasingly disruptive global power” that disregards international rules and norms.

Also this month, police arrested a former Hydro-Quebec employee and charged him with espionage for allegedly obtaining trade secrets for China. The man was a researcher on battery materials. Joly, who characterized herself as pragmatic, said the business community should know the geopolitical risks of dealing with China.

China is playing to take over the metals needed for energy transition.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FCC bans telecom and video surveillance gear from Huawei, ZTE and other Chinese companies | EngadgetThe FCC announced that it's officially banning some future equipment from Huawei, ZTE, Hytera, Hikvision and Dahua from being sold in the US.. Are they going to reimburse those who purchased the equipment well before any of this? TikTok next Tiktok be like..
Source: engadget - 🏆 276. / 63 Read more »

Neuberger Berman gets Chinese regulatory nod to conduct mutual fund businessU.S. asset manager Neuberger Berman's Chinese unit said on Friday it had been granted a license by the Chinese securities regulator to conduct mutual fund business.
Source: Reuters - 🏆 2. / 97 Read more »