Core Insights - The Canadian government is facing unexpected challenges in trade, particularly with China, which has shifted its oilseed purchases to other countries, resulting in Canada losing out on 9 shipments of canola [1][3] - Canadian Foreign Minister Anand plans to visit China to ease bilateral tensions, emphasizing potential cooperation in clean energy, traditional energy, and agriculture [1][3] - The Canadian government is under pressure from business and political leaders to improve trade relations with China, as historical evidence suggests that deepening cooperation can mitigate the negative impacts of U.S. tariffs [3] Trade Dynamics - In 2022, Canada exported nearly CAD 5 billion worth of canola to China, but the imposition of temporary anti-dumping measures by China in August has led to a sharp decline in exports [3] - China is actively seeking to reduce its dependence on Canadian canola, with Australia likely to replace Canada as a key supplier in the Chinese market [3][5] Competitive Landscape - COFCO has ordered up to 9 shipments, totaling 540,000 tons of canola from Australia, with shipments scheduled between November and January [5] - A plant quarantine framework agreement between China and Australia is expected to facilitate Australian suppliers' access to the Chinese market, further impacting Canadian canola exports [5] Negotiation Challenges - The current situation is unfavorable for the Canadian government, as China can easily find alternative suppliers, diminishing Canada's leverage in negotiations [7] - China is open to discussions on reducing canola tariffs but requires Canada to provide a fair and non-discriminatory business environment for Chinese companies [7]
苦求无果后,卡尼发现不妙,中国买了9船油菜籽,但不是加拿大的
Sou Hu Cai Jing·2025-09-27 04:05