Canada-China spat could sour business relations, experts say

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 99%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Experts say souring relations between Ottawa and Beijing could affect Canadian companies in China, potentially tarnishing the appeal of Canadian brands for Chinese consumers.

Companies like Canada Goose, Roots, Lululemon and Tim Hortons have expanded into China in recent years, leaning into Canada's reputation as a source of quality goods and often featuring the red maple leaf in store and product branding.

But retail analyst Bruce Winder says a diplomatic spat between Ottawa and Beijing could spur a "soft boycott" of Canadian brands in China. Tims China chairman Peter Yu said in February that the coffee and doughnut chain had 600 locations in China, with plans to grow to a thousand by the end of 2023.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Canada-China spat could sour business relations, experts say - BNN BloombergExperts say souring relations between Ottawa and Beijing could affect Canadian companies in China, potentially tarnishing the appeal of Canadian brands for Chinese consumers.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

The Week Ahead: Earnings from Air Canada, Brookfield Asset Management, Canadian Tire - BNN BloombergA look at what investors will be watching in the upcoming week.
Source: BNNBloomberg - 🏆 83. / 50 Read more »