Distinguished Fellow, Asia Pacific Foundation of Canada
Feb 08, 2021
The resurrected TPP, spearheaded by Japan, alongside the RCEP agreement has the potential to offset billions in economic losses from the U.S.’s trade war. In due time, it could be a prize too sweet for the U.S. to hold out from.
Dec 11, 2018
From a Chinese perspective, Meng’s arrest is more about the US trying to curtail China’s technological rise.
Oct 11, 2018
The conclusion of the USMCA on September 10 revealed a few hidden surprises, including Article 32.10, the “non-market clause” demanded by the U.S. This provision is egregious, unprecedented, and likely to be repeated by the U.S. in future negotiations with other trading partners.
Dec 11, 2017
There were great expectations in Canadian business circles that Prime Minister Justin Trudeau’s visit to China would result in the announcement of the beginning of bilateral trade negotiations between the two countries. But it didn’t happen. Trudeau’s visit is being assessed in some quarters in Canada as a failure, but it is important to get the terms right before embarking on what will be a long and difficult negotiation.
Oct 31, 2017
In a non-NAFTA world, Canada and the U.S. will still continue to trade and the U.S. will continue to be Canada’s largest trading partner, albeit under somewhat different rules. The real change will be psychological. In the eyes of many in Canada, the U.S. can no longer be trusted to play by the rules, and to assume its traditional role as a champion for liberalized trade. Against this backdrop, Canada and China are going through the preliminary stages of launching their own trade negotiations.
Nov 18, 2016
With the election of Donald Trump to the White House, the Obama Administration has finally accepted the inevitable and has announced that it will cease efforts to push the Trans Pacific Partnership (TPP) forward in the waning days of the Lame Duck session. Over the long term, Washington will need to re-assert its trade presence in the Asia-Pacific region. The supply chains are too interwoven and interdependent for the U.S. to go at it alone, despite the isolationist rhetoric emanating from the U.S. election.
Sep 27, 2016
On the eve of Chinese Premier Li Keqiang’s official visit to Ottawa, the Globe and Mail reported that Canada and China had agreed to begin negotiations on an extradition treaty.
Dec 15, 2015
As the U.S. moves to recalibrate its own relationships with a rising China on trade, the environment and security issues, its neighbors and allies are forging their own path on building economic, political, and cultural ties.
Oct 08, 2015
Despite President Xi Jinping’s efforts to assuage the concerns of U.S. business executives while in Seattle, Hugh Stephens argues that these statements don’t reflect reality—that China imposes a much wider range of restrictions on U.S. investors than is the case for Chinese investment in the US.
Aug 11, 2015
Support for Chinese investment has been declining in Canada, particularly because of the concentration of investments in the resource sector. However, attitudes toward Asia can change, depending on the context, the question, and extraneous elements such as negative media coverage of domestic and international events.