日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Editorials

Canada does US bidding again: China Daily editorial

chinadaily.com.cn | Updated: 2022-11-04 20:59
Share
Share - WeChat

The Joe Biden administration has been cooking up one plot after another to exclude China from the global industry and supply chains. The latest US machination has two parts. The second one first.

The Canadian Department of Innovation, Science and Development published a statement on its official website on Wednesday, announcing the "divestiture of investments by foreign investors in Canadian critical mineral companies". But all the three companies the department identified as "foreign investors" are Chinese enterprises: Sinomine (Hong Kong) Rare Metals Resources Co, Chengze Lithium International and Zangge Mining Investment (Chengdu) Co.

Giving the reason for the decision, the Canadian department echoed the US administration: "investments threaten our national security and our critical minerals supply chains". Not surprisingly, the department didn't say how do the three Chinese enterprises threaten Canada's national security or supply chains.

Mineral resources are critical to a country's development. Therefore, a government being sensitive about foreign investment in the sector is understandable. But Canada is selectively sensitive to foreign investors in its mining sector.

By expanding its concept of "national security" at will, Canada is hurting, not protecting, the supply chain as it claims. Canadian enterprises need capital to mine lithium, and a market to sell the products, including electric vehicle batteries, made from it. And China is the largest market for, and largest producer of, EVs. In fact, EVs accounted for 18 percent of all new cars sold in China in the first half of 2022, prompting The New York Times to say "For China's Auto Market, Electric Isn't the Future. It's the Present".

By ordering the divestiture of Chinese companies' investments in mining, Canada could plug the flow of capital into its mining sector and deny it access to the largest EV market.

Now to the first stage of the US plot. Funding under the US Defense Production Act should be limited to domestic sources. But to make Pentagon funding available for certain mining operations, the White House has adopted an interpretation of military-sharing agreements from the 1950s and 1960s to declare that Canadian companies are "domestic" sources.

The move will also give the US easier access to unique raw minerals and materials, which are mainly produced and processed by China.

But by doing so, the Biden administration has violated international relations norms, as Canada is not part of the US. The move is also an attempt to undermine globalization, as it will disrupt the global supply chains.

Canada should stop dancing to the tune of the US and discriminating against Chinese enterprises. Instead, it should create a fair and open business environment for all companies.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: av视觉盛宴 | 成人欧美一区 | 天天操天天看 | 色偷偷伊人 | 国产小视频在线观看 | 日韩精品播放 | 国产在线日韩 | 欧美一区二区大片 | 久久aⅴ国产欧美74aaa | 宅男噜噜噜66一区二区 | 中文字幕观看 | 我要看免费的毛片 | 伊人影院视频 | 一级片网| 懂色av蜜臀av粉嫩av永久 | 国产在线观看h | 色444| xxxxx黄色| 日日燥夜夜燥 | 亚洲精选一区二区三区 | 婷婷丁香激情五月 | 午夜影视在线观看 | 久久xxx| 免费三级黄色 | 精品一级视频 | 欧美日韩精品免费观看 | 国产精品自拍区 | 草草国产 | 国产精品国产三级国产在线观看 | 国产一区二区免费在线观看 | 国产精品不卡一区 | 久久在线视频免费观看 | 欧美激情一区在线 | 亚洲色图综合 | 依人在线| 精品国产大片大片大片 | 亚洲精品免费网站 | aaa亚洲精品 | 中文字幕视频网站 | 日本三日本三级少妇三级66 | 国产午夜一区二区 |