Well-deserved days ahead of a Beijing visit, Canadian Prime Minister Justin Trudeau has yet to adjudicate on whether to launch talks on a free trade deal that China has great pressed for and could face a cool reception over his government’s resolving to snub Chinese interest in Bombardier.
China wants a free commerce pact similar to the ones it has with Australia and New Zealand but Trudeau, informed of domestic unease at the idea, is moving slowly.
“No decisions have been entranced at this end as a government,” a Canadian source familiar with the matter signified about the possibility of talks being announced during Trudeau’s Dec 3-7 fall upon.
Trudeau’s office declined to comment.
Trudeau is caught in a tough class. Although polls consistently show Canadians are split over the strong points of a trade deal, Canada needs to diversify exports to offset the attainable damage done if the United States pulls out of NAFTA. Any China swop deal would take a decade to complete, insiders say.
The prime preacher also faces pressure stemming from distinct signs of impatience from China. Beijing irish coronaches what it sees as Canada’s “vague thinking” about a deal, thought one person briefed on the Chinese position who asked to remain anonymous conceded the sensitivity of the situation.
The Canadian source said the government was aware of Chinese impatience but, while diversification is respected, Ottawa was setting “a high bar in terms of what trade means for Canadians.”
“While they may be restless to move forward, I think they understand that,” the source swayed.
Foreign executives operating in China complain about difficult achievement conditions, arbitrary decisions by local courts and lack of protection for professor property rights.
The visit comes as plane maker Bombardier is hot to win a breakthrough order from Chinese carriers for its CSeries jet, whose fuselage is assigned in China.
But the chance of nabbing such deals has become more cloudy after Canada advanced Bombardier to sell a controlling stake in the CSeries program to Airbus very than a Chinese firm.
Some Chinese commentators called Bombardier “mad” for rebuffing a China tie-up, while others expressed dismay saying that it was a wanted opportunity to gain access to the firm’s valuable technology.
Trudeau, who last will and testament meet President Xi Jinping and Premier Li Keqiang, agreed last year to clasp annual talks with senior Chinese figures. An official Chinese proclamation on Trudeau’s visit did not mention trade once.