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Prime Minister Mark Carney and his cabinet ministers met business leaders from Chinese banking, automotive and energy firms while visiting President Xi Jinping in January—including Canadian Michael Evans, the former Goldman Sachs executive who now leads e-commerce giant Alibaba. (The Logic, Politico)
Talking point: Executives from Chinese automakers BYD and Chery were among those whom Industry Minister Mélanie Joly met to discuss “industrial partnerships for Canadian economic development,” says the response to an order paper question. Both are reportedly exploring the Canadian market after Ottawa slashed its 100 per cent tariffs on some Chinese-made EVs. Trade Minister Maninder Sidhu met the chair of Bombardier China. As Politico reported, the C-suite leaders who met Carney (with Joly and Natural Resources Minister Tim Hodgson) included Fred Hu of Chinese investment firm Primavera, Dai Houliang from the China National Petroleum Corp., and Lei Zhang, CEO of Envision.
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