ANALYSIS OF PRIMARY AND SECONDARY DATA 11: Canada Import and Export with China 13 Table 1: Total Import and Export of Canada with China 13 Table 4: Total Import and Export of China with China 13 Table
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Research Project INTRODUCTION 1 ARGUMENTS1 SUSTAINABILITY6 Sustainability and Environmental Security 6 Sustainability and Economics and Trade between China and Canada 9 ANALYSIS OF PRIMARY AND SECONDARY DATA 11 Primary Analysis 11 Secondary Data17 DISCUSSION 18 RECOMMENDATIONS 19 CONCLUSION 19 REFERENCES 21 Index of Tables Table 1: Canada Import and Export with China 12 Table 2: Total import and export of Canada with China 13 Table 3: Total import and export of China with Canada 14 Table 4: Total
ANALYSIS OF PRIMARY AND SECONDARY DATA 11: Canada Import and Export with China 13 Table 1: Total Import and Export of Canada with China 13 Table 4: Total Import and Export of China with China 13 Table
Added on 2020-06-06
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Table of ContentsINTRODUCTION...........................................................................................................................1ARGUMENTS.................................................................................................................................1SUSTAINABILITY.........................................................................................................................6Sustainability and Environmental Security.................................................................................6Sustainability and Economics and Trade between China and Canada.......................................9ANALYSIS OF PRIMARY AND SECONDARY DATA...........................................................11Primary Analysis.......................................................................................................................11Secondary Data.........................................................................................................................17DISCUSSION................................................................................................................................18RECOMMENDATIONS...............................................................................................................19CONCLUSION..............................................................................................................................19REFERENCES..............................................................................................................................21
Index of TablesTable 1: Canada Import and Export with China............................................................................12Table 2: Total import and export of Canada with China...............................................................13Table 3: Total import and export of China with Canada...............................................................14Table 4: Total import and export of China with Canada...............................................................15Table 5: Merchandise imports from China....................................................................................16
INTRODUCTIONThe relationship between China and Canada established on 13th October 1970 when theCanadian Prime Minister Pierre Elliot Trudeau initiated negotiations with the People's Republicof China (Foster, 2017). The diplomatic relationship robust the economies and trade betweenboth the countries. In accordance with this context, the following research paper aid inexamining the relationship between Canada and China. This paper argues that Canada and Chinacan improve their relationship through targeted sustainable policies in economics and trade. Thearguments will be mentioned in the following research paper regarding sustainability,environmental security and economics & trade that took place between both the countries. Thiswill help in analysing the degree of relations shares by Canada and China respectively. In orderto increase the growth capacity and fiscal conditions, balance of trade plays a vital role. Thegrowth and development in both the nations will be analysed in this research paper byhighlighting the technological growth and development. In this context, the trade that took placebetween both the nations will be identified by analysis the data which will be acquired fromprimary and secondary sources. Critical discussion of the data and information will be made inorder to increase the effectiveness of the thesis. Recommendations will be provided in theresearch paper, that will aid in providing idea to improve the sustainability and trade betweenboth Canada and China. Eventually, this research paper will assist in identifying and analysingthe effectiveness in the relationship between Canada and China.ARGUMENTSChina and Canada has good economic relationship and in early 1960s the sole economiccontact between theses two countries that consisted of Canadian exports of wheat. They importand export the products in different countries to increase firm performance in the world. China isnow Canada's third biggest export destination and second biggest source of imports worldwide.Government of both countries give innovative plans and policies which helps to increase theeconomic condition of country. Government provides effective and efficient policies to increasethe market share and connect large number of consumers from different countries. China andCanada import and export the products to other countries that helps to increase economic growthof a country in the world. China continuously invest in the Canada to get effective opportunitiesto increase their economic condition in the world. Many of the companies invest in the china1
companies to get higher performance in the world. Both countries' government gives appropriatepolicies of the trade to increase economic growth in the world (Flynn and et.al., (2013)). Current condition of relationship between china and Canada is good because bothcountries import and export products to increase economic growth in the world. In the early1990s, china has 2% global export and 1.8% of imports. Both companies import and exportstheir products and services to each other to increase the level of growth. To increase a level ofeconomic growth they must need to export product and services that gives more advantages tothe countries. Government of china provides appropriate rules and regulation to the firms toexpand their business in other countries. Firms also follows different types of advancedtechnologies that gives higher profit to the company. China government gives the policies of thedevelopment to the companies that help to get higher performance in a world. It imports theproducts and services in different areas such as clothing and machinery. They should give itemsin various area because it helps to get more profit in the world and also helps to expand theirbusiness in the world (Fraser and et.al., (2015)). China is the fastest growing major tradingpartner because the relationship between them is effective and they import and export theirproducts to increase an economic growth in a world. Entities of china follows different types ofinnovative and advanced technologies that gives more profit to them to increase a level ofgrowth. Trade policies Canada government gives innovative trade policy to the companies but the chinagovernment it gives effective polices to an entity that has negative impact on the country. Itdirectly affects the country growth so government must need to give effective polices to anentity. Canada provides many products and services to the china country such astelecommunication items, motor vehicle and motor vehicle parts to them. By providing hugenumber of products to the country they can easily get higher performance and productivity in aworld. There are good relationship between the china and Canada. Canadian companies invest inthe china companies to get higher performance in a world. Organizations of the Canada hasopportunity to increase a number of companies in different countries. Both countries have goodrelationship because government provides effective and efficient policies of trade that giveshigher profit to the firms (Geng, Du and Ren, (2012)). Metals and minerals is the fast growingproducts that gives higher productivity to the country and it also helps to increase the sales2
revenue of the firms. Total exports from the Canada is 28% and it is increases day by day. Itgives innovative items and services to the china to increase an economic growth in the world. By exporting the products with the other countries then they can easily get desiredobjective in a world. Companies of the china invent innovative products and services to increaseoverall firm performance in a world. They also need to follow advanced and enhancedtechnologies to produce good quality product in a market that helps to get desired goal. Canadianexports' items of agricultural and food items to the china to increase economic growth in a world(Hao, Zou and Lu, (2013)). China exports the products and services in three areas such as clothing, toys and textilesto Canada. By providing the effective and good quality products to the country they can easilyget desired target in a world. China organizations must give items in various fields such as foodand grocery products that gives more enhancement and also helps to expand their business inother countries. Government also provides trade policies to the companies to increase their firmperformance in the world. Many of the firms of china are trying to increase productivity byapplying new technologies of the innovation (Hartig, (2012)). Government also gives an appropriate trade plans to get higher performance and alsohelps to expand their business in a world. By providing products in various area sit gives moreadvantages to maintain relationship between the countries. Companies must follows differenttypes of strategies and approaches to innovate their products in the world. Innovation is the bestway to get desired target. China must need to export new products to increase the level ofeconomic condition of a country. There are different types of technologies that gives moreenhancement to the firm to sell more products in the world. Government must need to giveappropriate trade plans and policies to an organization to product a product in a world (Zhao andet.al., (2014)). Economic polices for growthChina government provides appropriate and effective polices to the companies to grow inthe companies in the world. By giving effective plans and policies for a growth firms can easilyget higher performance and productivity in the world. There are economic policies that givesmore advantages to them. China and Canadian import and export their products based on theclient needs. Firms are invented new item and services to increase a growth in the world. Thebest way to increase the economic growth in the world is to innovate their entity products and3
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