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In-Briefs

China/Canada: Ties Likely to Center on Oil Development

November 22, 2011
| Energy
| Asia and the Pacific, The Americas

Canadian Minister of Finance Jim Flaherty visited China last week after the APEC summit to discuss increased economic cooperation . . . China is Canada’s second-largest trading partner . . . investment from Chinese oil companies totaled almost $5 billion between January and October, according to the China National Petroleum Corp's (CNPC) . . . China would like to expand relations with Canada . . . Beijing is eying Canada’s large oil sands after the United States decided to postpone construction of the Keystone XL pipeline until at least 2013.


  
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