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I wmtooumtuaao -. ~ Octoborl7.ml2-l i I . i I a . ;_~r'- â€" r. C -.L fa . a}; . Enter the dragon . _ , , . C ' . Chinese ambassador to Canada promotes stronger economw lies and more trade Bria-mm ' ‘ between Canada and China have “WWW raised some concerns. however, most reeentlywith the takeover-bid hina's ambassador to Cana- of the Calgary-based oil and gas da was in Waterloo last company Near: Inc. by the state- Thursday evening touting ownethina Mona! Ofl'shoreOll the importance of increased trade Corp. forSlSJ billion. and better relations between the A reviewof that bid wm extend- two countries , ed last week by another 30 days Ambassador Zitang lunsai told ' after the initial 45-day review peri- the audience of the mutual bene- 3" od was act to end last Friday. Harp- fits of closer economic ties. saying, er has said his government will “there is no going back to protec- work toetumethattieswldtfltimt tionism.‘ _ not only benefit Canada, but are With the United States and alsosecure. Europe still suffering from the ! AmbosudorZhangtried toalle- global financial crisis and lacking i vlate the concerns surrounding the the momentum necessary to move Nexen bid last Thursday, sayingthe the global economy forward. he Chinese firm initiating the said now was the time for Canada takeover was actually a subsidiary and China to strengthen its eco» . company that answered to two nomic bond. ' main responsibilities â€"â€"- profits and A “In an increasingly interde- @ shareholders -â€" and not the Chi- pendent world. no country can live ‘ nese government. well on its own.” [hang said. He said the bid should be standing before hundreds of peo- viewed as a sign that Chinese com- plc at the Centre for international panics see the potential of eco- (iovemance innovation. the Water- nomic relations with Canada. loo~hased think-tank that organ- Harper has also said he wants to iu-d the lecture. . , . increase Canada's trade to Asia in [hill-any!) comments echoed a“? zoam‘zgmmm inmatIseen; my” “1me ”aileron, was 235ml “the order to reach more diversified given by Prime Minister two countries emotions stronger “mm" “mm markets. in 2009, approximately Stephen Harper and Chinese Presi~ ' three-quarters of Canada's mer- dcnt Hu lintao during the Asia» step in that direction. ingdes with partners in China. and ofChina's biggest cities. chandise exports went to the Unit- Pacific Economic Co-operation “It is important for both coun- indeedtherestoftheworid. The city’s global economic ties ed States and one-half of our summit that wrapped up last tries to continue adhering to their “it's all about keeping up with are not limited to China. though. imports came from south of the month. principles of openness and co- the global world. because we're a Halloran said the Waterloo-based border. During that meeting Canada operation. and continue striving global community,‘ the mayor Canada‘s Technology We had That year, Canada's exports of and China signed the Canada- for free trade and economic glob- said. “You‘ve got to find new con- also identified Brazil, Germany goodsandservices to 3; US. were China Foreign investment Promo- situation.“ the ambassador said. nections and mutual benefit. and indie as major markets that valued at about $306. . titm and Protection Agreement, Waterloo has taken a leading “I talk about Waterloo every- the cit should break in to and Canada has seen profound first announced during Harper's role in increasing trade and eco- where i go.” advertize the advantages of part- growth in trade with China. in visit to China in February. nomic talks with China. Mayor in lune. iialloran became neringwithWaterioo. 1997. trade amounted to $8.7 bil- “Our government is committed Brenda Halloran has made two known as ‘the auntie mayor' in Halloran will be traveling to lion. making them our fourth- . to creating the right conditions for trips to China in the past two years. China when she signed on with the indie later this month along with largest trading partner. but accord- (Lanadian businesses to compete the first was last November when social networking site SinaWeibo, representatives from the two uni- ing to Statutes Canada that num- glohally," said Harper. ~This agree~ she was invited by the Chinese which boasts 300 million regis- versities, RIM and otherlocal busi- ber grew to more than $64 billion ment with China â€" the world’s government to participate in the tered users and is that country's nesses to meet with high-ranking in 2011, makingdiinaoursecond‘ second-largest economy â€" will opening oftheir garden exposition. version of “(Witter and Facebook. government and business officials. biggest trading partner behind the provide stronger protection for ihe second was just last month She was the first Canadian mayor She will be there for about two US. Canadians investing in China and when lialloran traveled to China and second in North America to weeks. For Hallow), the importance of create jobs and economic growth from Sept. 25 to 30 as part of the register with the site "This work is gaining global increasing our country's ties with in Canada." international Mayors Forum on in 2009. Waterloo also signed a attention.“ said Halloran. “It’s Chinaisdear. While Canada and China still Tourism. friendship agreement with the about marketing and selling our- ‘lfwedon’tdothiswork. noone don't have a full free'trade pact, After the lecture last Thursday municipal government of selves and keeping us gioballycon- will know about us_and we'll get this agreement ~ 18 years in the night. lialloran said it was critical Chongqing. Sichuan province, nected.‘ passed by,’ she said. “It's arming making - is viewed as a major for the city to continue establish home to 33 million people and one The growing economic ties how fast theworld ischanging.’ tht 21St 2012 as October1-8 o - , ( new t. Benjamin Moore ' I saveu to alimveras 0 p 3:11 hi”, 5“in ‘t 2 5 /0 o I I a s A I E ' DAYS OUR LOWEST PRILES I ONLY! l O F T H E Y E A R . www.heerepalnt.com www.tacebook.com/heerspalnt