Canada and Singapore Reaffirm China Trade Partnerships at New Delhi Economic Forum

Officials from Canada and Singapore used a New Delhi economic forum to signal that trade partnerships with Beijing will continue, pushing back against global fragmentation and a widening push by governments toward self-sufficiency. Speaking on Wednesday at the Bloomberg New Economy Forum, which ran in the Indian capital from Tuesday to Thursday, Canada's minister of international trade Maninder Sidhu noted that China ranks as Canada's second-largest trading partner. He pointed to complementary economic strengths as the basis for cooperation, naming China's energy storage technologies as an area of particular interest to Canada and citing Canadian agriculture as a sector where the two economies could work together. Sidhu's remarks came during a panel discussion titled "The Self-Sufficiency Scramble." The forum appearances by both countries' representatives underscored a shared reluctance to sever key commercial relationships with Beijing even as other governments prioritize domestic capacity.