Opinion: Beijing accuses Canada of ‘suppressing Chinese companies’

Beijing is accusing Canada of “suppressing Chinese companies” by forcing three corporations from China to sell their stakes in Canadian lithium miners.

The targeted companies are Sinomine Rare Metals Resources Co., Ltd., Chengze Lithium International Ltd. and Zangge Mining Investment Co., Ltd. They must sell their stakes in Power Metals Corp., Lithium Chile Inc. and Ultra Lithium Inc., respectively. A spokesman for the Chinese government on Thursday accused Canada of exaggerating national security concerns to justify the forced divestments.

Wesley Wark, senior fellow at the Centre for International Governance Innovation, said in an interview that the response from the Chinese is “slightly double-faced,” given its claim that it operates as a fair player in a global market economy.He added that in its totality the tone of the Chinese response was quite moderate and equated to a “pretty gentle slap on the wrist” for Canada.

Yes they are doing that at the behest of USA

Made in Canada

globebusiness Respond to the Chinese with the following: Nortel

So ?

globebusiness China and their communists leader can take a hike!

Tough.

Yeah. And?

A wonderfully painful headline to read, as if China doesn't suppress foreign companies within its own borders.

Good! Canada comes first.

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