Looks like he appointed a new national security advisor.
https://www.theglobeandmail.com/poli...kish-on-china/
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Looks like he appointed a new national security advisor.
https://www.theglobeandmail.com/poli...kish-on-china/
I think Canada should be looking at many other trading partners to be rid of China once and for all. Or pump some money back into the manufacturing industry and try to be a little more self sufficient.Quote:
Originally Posted by Gilroy
Based on the history it is likely virtue signalling with little or no change, see if Huawei gets black listed for 5G tech. Most countries can clearly see the threat they are to security. However remember Trudeau has openly said he admires their dictatorship, he will virtue signal, lie again and likely not ban them or change anything substantiate.
I hope you’re wrong.Quote:
Originally Posted by mosquito
The way the world is handing business and money to China we are practically offering world leadership on a silver platter. The world has become too dependent on affordable items, like a drug addict needing a fix. It’s out of hand and scary.
Yes and no.Quote:
Originally Posted by Birdbuff
Many high quality "Canadian or USA made "items are replaced with cheap, not really durable Chinse stuff.
We could once buy a canadian "widget"for 2x the price-but would lest 2 x longer(or 3 x longer)then the recent cheap Chinese stuff.
There are good Chinese stuffs too-but that is another subject.
This whole Chinese project works only for Big Business.
They worked out a sweet deal to make huge profit there-sell the junk here-and keep the profit elsewhere.
Definitely China benefits from this deal greatly-but that is yet again another story.
nice to see many on here agree that China is taking advantage of our country (as well as the USA)
Id like to see stronger ties with India..
I am doing everything in my power not to buy made in china and will gladly pay more for made in North America...
for example I am in the market for a lower end BBQ - Weber and Napoleon lower end units made in China...almost all Broil King bbqs made in Canada - you can guess which brand I will be buying! it might not be huge $ to our economy but I think alot of people are starting to shift to thinking this way in their purchase decisions!
Re: the economics of manufacturing in China: There are many, many other developing countries manufacturers could work with instead of China. However, businesses have spent the last twenty years figuring out how to work with China and don't want to start over. The government should take a role in this (as it did getting business involved in China 20 years ago). Set up liason offices in India, Banglandesh, Vietnam, Cambodia etc to assist businesses in setting up in democratic countries. China doesn't really have any asset that makes it unique. There is no reason we have to do business with them.
China has been loaning these same countries money to do exactly what you are suggesting. Then they 'seize' the factories when the countries (being poor) can't pay back the loans. Then China moves manufacturing into them and voila..goods made in Bangladesh...Quote:
Originally Posted by werner.reiche
It’s never good to put your eggs all in one basket. Diversification across the globe would be preferential than just trusting China. But my thoughts always lead me to believe that it would be cheaper to produce goods where the natural resources are located. Since we are a leader in natural resources, why not subsidize manufacturing to advance ourselves?