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Carney, Xi Open 'Strategic Partnership' in First Beijing Talks Since 2017

The Beijing meeting signals a reset focused on trade diversification with tariff talks still unresolved.

Overview

  • Prime Minister Mark Carney met President Xi Jinping at the Great Hall of the People and both leaders described a turning point as they launched a new strategic partnership.
  • Canada and China signed several non-binding agreements this week, including an energy cooperation MOU that establishes ministerial dialogue but secures no new purchase commitments.
  • A joint economic and trade roadmap highlights cooperation in sectors such as agriculture, energy and finance, with language encouraging Canadian uranium sales reported by The Globe and Mail.
  • Core disputes remain unresolved, with Canadian EV tariffs and Chinese duties on canola, pork and seafood still in place despite what officials describe as ongoing, productive negotiations.
  • Carney’s push to reduce reliance on the United States framed the visit, as he met executives from Alibaba, China National Petroleum, CATL and ICBC to bolster investment and market access.