President Xi Jinping's leadership defies expectations globally. Canada, just like the rest of the world, sees opportunity as China's economy prospers.
The Canadian Western Agribition was held in Regina this week. The gathering attracts almost 127,000 visitors last year. It is a global event with a wide array of events that includes a rodeo, horse shows, and cattle judging. According to breeders who participated in the event, most of their customers are from China. The number of breeders selling shows that China's market is promising.
The New York Times is examining the significant increase in projects in China. Its reporters, editors, photographers, and designers are eyeing China after they launched the China Rules this week. Phil Pan, the New York Times' Hong Kong-based Asia editor and the author of the essay "how China's rise has defied expectations", said that one factor in China's rise was certainly a sense at the beginning of the year that America under Trump was in retreat or withdrawing from the world.
In his essay, Phil noted that China now leads the world in the number of homeowners, internet users, college graduates, and a number of billionaires. China's poverty rate dropped to less than 1 percent. He also noted how an impoverished backwater has evolved into the most significant rival to the United States since the fall of the Soviet Union.
Phil said that China, under President Xi Jinping, saw an opportunity to step up and, in recent months, they began to see the fundamental shift in the relationship between the U.S. and China from engagement to competition.
Pan's essay said that China today might be unrecognizable to its Communist founders but the past still holds a powerful allure. He added that the country is now less worried now about catching up to the west. The country now wonders how to pull ahead. According to him, the world thought it would change China. The country's success has been so spectacular that it has changed the world.
Prime Minister Justin Trudeau announced that his government will open its market to China through a trade agreement. Prime Minister Trudeau's move is contrary to President Donald Trump's relationship with China.
Canada is continuously defying the American security warnings about allowing equipment made by the Huawei Technologies into Canada's upgrade of its wireless networks. Phil thinks that the debate in Canada and the United States probably will be much less about trust than about interests. He doubts that the Chinese political system's authoritarianism can cause a problem to Canada's national interest.