There have been multiple reports (New Scientist,
Tag Archives: Economy
The Rise of China and redirecting Softwood Lumber
China has been all over the economic news lately. They’re eating up “other peoples” (I use that term loosely) oil reserves and buying up refineries and pipelines. (though the UNoCAL bid fell through. They’re beneficiaries of the “outsourcing” scourge of the US and in turn selling their goods back at rock-bottom prices. It is clear …
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Canada and China sign “Strategic Alliance”
Big news out of Ottawa today. The Chinese President Hu JinTao and PM PM (Prime Minister Paul Martin) signed a “strategic alliance” today. Details of the alliance seem thin but it is clearly mainly economic in nature. China has been investing heavily in the Canadian resource sector, especially oil and natural gas so this is …
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