Canadian companies sticking with Chinese growth plans despite trade tensions

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Canadian companies sticking with Chinese growth plans despite trade tensions GlobeBusiness

China halted imports of Canadian canola seed last month, an action that many observers believe is a form of retaliation for Ms. Meng’s arrest in Vancouver on a U.S. extradition request. Chinese-based importers of other Canadian agricultural products have also faced roadblocks that many believe are ultimately politically motivated. But that hasn’t led to an exodus of Canadian companies from the market.

In Ms. Whittle’s case, her agent and marketing partners on the ground in China reassured her that the sales slowdown would be short-lived. Sure enough, the flow of wine orders regained strength in March. Flow’s distinctive Tetra Paks started appearing in stores in China last May. Since then, sales have gone well, thanks in part to a perception among Chinese consumers that water from Canada must be safe and of high quality.“We’re expecting big things in the future,” says Mr. Reichenbach. Flow is considering hiring full-time staff in China to manage the growth.

Aero, which has plants in Vancouver and Port Edward, B.C., expects to sell at least 60 per cent of its spot prawns to China this spring. “Some of my competitors ship 100 per cent of their product to China,” Mr. Mirau says, “[but] I’m a real believer in not putting all your eggs in one basket.”

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globebusiness NOOOOOOOOOOOOOO!!!!!

mtnbvan globebusiness China has been identified by CSIS as a hostile foreign threat. These folks are traitors to Canada.

globebusiness Don’t be dependent on China...it will hurt in the long run...

globebusiness thry never learn

globebusiness We should raise taxes on these companies

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