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Carney to Meet Xi at APEC in South Korea on Friday

The sit-down caps a cautious push to diversify Canada’s trade through renewed dialogue with Beijing.

Overview

  • Prime Minister Mark Carney is slated to meet Chinese President Xi Jinping at 4 p.m. local time (0700 GMT) on Friday at the APEC summit in South Korea.
  • This will be the first formal meeting between a Canadian prime minister and the Chinese president since 2017 after years of strained relations.
  • Carney’s Asia tour has focused on reducing reliance on the U.S. by courting new markets, pitching Canada as an energy supplier, and pressing to accelerate ASEAN trade talks.
  • Ottawa and Beijing recently revived a strategic partnership communications channel to manage disputes, but talks on canola duties and Canada’s 100% tariff on Chinese EVs have yet to yield a breakthrough.
  • Analysts do not expect immediate tariff rollbacks, though some in Ottawa are considering options, and business groups say any progress would likely be incremental.