Tag Archive: says ambassador


on March 18, 2024 in World News

China won’t back down in takeover of Canadian mineral companies, says ambassador

By Cosmin Dzsurdzsa The Chinese government isn’t backing down on its bid to buy up majority stakes in Canadian critical mineral companies. That was the message recently relayed by Chinese ambassador to Canada Cong Peiwu in comments recently made to Bloomberg. “Politicizing normal commercial cooperation and using national security as a pretext for political interference is wrong. China has expressed firm opposition to this. We will continue to do business on the basis of mutual respect and mutual benefit,” said Cong. Cong told the outlet that Chinese investors will continue doing business as usual and make bids for resource...

By Cosmin Dzsurdzsa The Chinese government isn’t backing down on its bid to buy up majority stakes in Canadian critical mineral companies. That was the message recently relayed by Chinese ambassador to Canada Cong Peiwu in comments recently made...

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