Analysts expect Ottawa to diversify trade as future of North American trade pact remains uncertain, while a US departure would ‘hit Canada like an earthquake’
Weighing in on the potential impact, Salvatore Pinizzotto, co-founder and managing director at Xida Communications in Italy, said: “Canada would almost certainly accelerate selective diversification, and China would be part of that – not as a substitute for the US, but as a hedge.”
“While it’s a no-brainer for Canada to attempt to draw closer to China, sticking points remain in the Canada-China relationship, and it won’t immediately be hugs and kisses,” Olson noted. “Recent signs of warming relations are positive but should not be exaggerated – there’s still a long way to go.”
Source: News - South China Morning Post
