Canadian Companies Await Retaliation from China

Canadian companies and industries that do business with China, are waiting for the latest retaliation from Beijing.

 

Many are worried the government of China will impose new measures on Canadian imports, after a judge in BC ruled the extradition hearing against Mung wan Joh will continue, a process that could take many months, perhaps years.

 

It's been well over a year since China banned shipments of Canadian canola seed from two major shippers. Later, there were issues involving meat shipments from Canada. In that instance though, shipments of pork and beef from Canada rose last year, especially pork, because of the damage done to China's pork industry by African Swine Fever. Some analysts doubt China will take any serious measures following the ruling this week, but it won't make the process of striking new deals with China any easier for Canadian companies.

 

China is still detaining two Canadian men who arrested in the days after Mung was arrested at the Vancouver airport.