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Canada, China can achieve win-win situation: think-tank expert

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Canada, China can achieve win-win situation: think-tank expert

2026-01-17 16:28 Last Updated At:17:17

Canada and China can achieve a win-win situation as the two economies are structurally complementary, said a think-tank expert in an interview with the China Global Television Network (CGTN) on Saturday.

Paul Samson, president of the Center for International Governance Innovation (CIGI), an independent, non-partisan think-tank on global governance based in Canada, said despite that there are also some irritants in the Canada-China relations, he believes that the strategic dialogue between the two countries can solve the problems.

"The two economies are complementary structurally. They complement each other -- natural resources, energy, finished products. There's an easy win-win space there for Canada and China. We have some irritants, as well, that I think the strategic dialogue can start solving as well," he said.

Samson also said that he believes the government of Canadian Prime Minister Mark Carney will roll back some of the tariffs imposed by Canada, which is in the interest of the country.

"The Carney government has the guts and the desire to do what's in Canada's interest. I think they will be willing to roll back tariffs. Right now, we've got tariffs imposed on Canadian goods from the United States and we have them imposed by China. Canada has got to find a way to negotiate with both simultaneously," he said.

Carney, who was on an official visit to China from Wednesday through Saturday, said on Friday that his visit to China had been "historic and productive" and that the two sides had made significant progress in several key areas, underscoring the importance of trade ties between the two countries.

China and Canada have reached specific arrangements to properly address trade issues related to electric vehicles, steel and aluminum products, canola, and agricultural and aquatic products, China's Commerce Ministry said on Friday.

The two sides have also reached positive consensus on increasing direct flights, improving the business environment, and inspection and quarantine of agricultural products, it said.

Canada, China can achieve win-win situation: think-tank expert

Canada, China can achieve win-win situation: think-tank expert

Canada, China can achieve win-win situation: think-tank expert

Canada, China can achieve win-win situation: think-tank expert

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 36 pips to 6.9124 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.

In China's spot foreign exchange market, the yuan is allowed to rise or fall by 2 percent from the central parity rate each trading day.

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

Chinese yuan weakens to 6.9124 against USD Wednesday

Chinese yuan weakens to 6.9124 against USD Wednesday

Chinese yuan weakens to 6.9124 against USD Wednesday

Chinese yuan weakens to 6.9124 against USD Wednesday

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