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Canada might double exports to China, Chinese foreign minister says during rare visit

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OTTAWA, May 29 (Reuters) - China's Minister ‌of Foreign Affairs Wang Yi said on Friday that Canada could ​surpass its goal of increasing exports to China by 50% by 2030 during a meeting with Canada's Foreign Minister ⁠Anita Anand.

Wang said he thought Canada's exports to China could increase by 100%, building on momentum between the countries. 

"Canada is focused on growing our economy and diversifying our trading relationships," Anand ​said during the meeting. "The Canada-China economic relationship is significant," she said.

Wang is on a three-day visit to Canada, the ‌first visit by a Chinese foreign minister in a decade and the latest step to improve ties. On Friday afternoon, he shook hands with Prime Minister Mark Carney ahead of a private ⁠meeting. 

Canada and China struck an initial trade deal in January to slash tariffs ⁠on electric vehicles and canola, when Carney became the first Canadian prime minister to visit China since 2017. 

China is Canada's second-largest trading partner, and Carney has sought to reduce his country's overwhelming reliance on the United States after U.S. President Donald Trump imposed tariffs on Canada, a longtime ‌ally. Amid an ongoing trade war with the U.S., Carney has vowed to double Canadian exports ⁠to other markets in the next decade and signed more than ‌20 economic and security deals in the last year. 

On Thursday, ​Carney delivered a speech in New York calling for a "new partnership" with the U.S., saying that a stronger Canada would "help make America great again." 

SOVEREIGNTY AND SECURITY

The Chinese foreign minister's Ottawa ‌visit comes after the Canadian warship HMCS Charlottetown completed a routine ​transit through the Taiwan Strait on ⁠May 23. China said on Friday it firmly opposes any attempt by any ‌country to undermine its sovereignty and security "under the ⁠pretext of freedom of navigation."

Earlier this month, Conservative lawmaker Michael Chong travelled to Taiwan, where he met with Taiwanese President Dr. Lai Ching-te and other senior officials. 

Chong said in a statement his visit was ​intended to "show solidarity with a ‌democracy at the front lines of intimidation from the People's Republic of China" and to assert ⁠Canada's sovereignty, after a warning from the Chinese ​ambassador to Canada regarding politicians visiting Taiwan. 

(Reporting by Promit Mukherjee, Daphne Psaledakis and Frances ​Gao; Editing by Caroline Stauffer and Rod Nickel)

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