Canada said it would boost its military presence in the region and tighten investment rules to protect intellectual property and prevent Chinese state-owned enterprises from snapping up critical mineral supplies.
Chris Jackson/ Getty Images via AFP/ File photo
The long-awaited plan is a blueprint to deepen ties with a fast-growing region of 40 countries accounting for almost C$50 trillion in economic activity. But the focus is on China, at a time when bilateral ties are frosty. "Our approach...is shaped by a realistic and clear-eyed assessment of today's China. In areas of profound disagreement, we will challenge China," it said.
The document, in a section mentioning China, said Ottawa would review and update legislation enabling it to act "decisively when investments from state-owned enterprises and other foreign entities threaten our national security, including our critical minerals supply chains." The document said Ottawa was engaging in the region with partners such as the United States and the European Union.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Canada launches new Indo-Pacific strategy, focus on ‘disruptive’ ChinaCanada launched its long-awaited Indo-Pacific strategy, vowing more resources to deal with a “disruptive” China while working with the world’s second-biggest economy on climate change and trade issues. | Reuters
Read more »
Cebu Pacific offers domestic flights for as low as P88 until Nov. 30It's time for another weekend getaway as Cebu Pacific is offering one-way base fares to local destinations starting at P88 until Nov. 30. Find out the local spots you can visit under the promo here: | via philstarlife
Read more »
China reports third consecutive daily record for new COVID-19 casesMega-cities continue to struggle to contain outbreaks, with the southern Chinese city of Guangzhou and southwestern Chongqing recording the bulk of new cases.
Read more »
Issues behind the South China Sea (Part 2)MSOpinion Issues behind the South China Sea (Part 2) “The Philippines should have asserted jurisdiction over the area when the US was using the Shoal as gunnery range for its aircraft and naval ships operating from Clark and Subic.” READ:
Read more »
Stocks waver as traders mull rates, China stimulus: Markets Wrap - BusinessMirrorEuropean stocks and US equity futures fluctuated as investors assessed prospects for less-aggressive central bank tightening and weighed China’s latest move to stimulate its economy. The Stoxx Europe 600 Index erased a decline, with energy stocks outperforming as oil pared its weekly drop. The regional benchmark is on course for a sixth week of gains,
Read more »
China willing to work with North Korea for regional, global stability — KCNAChinese President Xi Jinping stressed to North Korean leader Kim Jong Un that China would be willing to work together with North Korea for regional and global peace, stability and prosperity, North Korea&39;s state media KCNA reported on Saturday, citing Xi&39;s letter to Kim.
Read more »