Canada's trade with China

Aussi disponible en français Abstract This article documents how Canada’s trade with China has evolved over the last 15 years in the context of the broad shifts in China’s trade with the world. [...] Chinese imports took off in the second half of the 1990s, culminating in China’s entry into the WTO in December 2001.4 After rising 8.2% in 2001, China’s imports jumped 21.2% in 2002 and 39.9% in 2003, even as global trade stalled. [...] The growth of imports was driven by lower tariffs on imports, rising domestic demand and an increasing need for raw materials and energy.5 Recently, China has become a growing source of export demand for the recovery of its neighbours, particularly Japan, many of whom suffered severely from the Asian currency crisis in 1997. [...] China is now the largest importer of pulp in the world, and Canada the largest supplier in the world (and the second largest supplier to China after the U. S.). [...] China has become one of the largest importers in the world, equalling the United Kingdom in 2002 behind only Japan and the United States.