Wang Yi says Canada-China ties restored, trade $90B
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- Wang Yi visited Ottawa from May 28–30, 2026, marking the first trip by a Chinese foreign minister in a decade.
- Wang Yi told Canadian counterpart Anita Anand that bilateral relations have “set sail anew,” and that exchanges and cooperation across all fields have been fully restored.
- China and Canada agreed to resume consultations on political and security issues at the foreign ministry level, and to hold high‑level dialogue on national security and the rule of law.
- Beijing lowered some duties on Canadian goods this year, while Ottawa agreed to import tens of thousands of Chinese electric vehicles under preferential tariffs.
- China had previously frozen relations after Canada’s 2018 arrest of a Huawei executive and after alleged Chinese interference in the 2019 and 2021 Canadian elections.
- Anita Anand said Canada is looking forward to increasing exports to China by 50% before 2030.
- University of Alberta analysis reported bilateral trade reached nearly $90 billion in 2025, up 4.9% year‑on‑year, with Canadian exports to China rising 13.8%.
Why it matters: Canada stands to boost exports by 50% by 2030 and tap the $90 billion trade flow, while Chinese firms gain preferential access to the Canadian market for electric vehicles; the renewed political dialogue also eases tensions that have hampered investment for years.
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