Tuesday, September 10, 2019

Cooperation between Canada and China Essay Example | Topics and Well Written Essays - 2500 words

Cooperation between Canada and China - Essay Example After the completion of the railway, the majority of Chinese left Canada after the passing of The Chinese Immigration Act of 1885. The act was followed by other acts that were focused on increasing the fees that were levied on the Chinese residents found in Canada. The period between 1923 -1947 was referred to as exclusion era. This was the time during which China was restricted from visiting or residing in Canada (Canadian Census of population 46). However, after 1947, the two countries were engaged in business activities and economic development that resulted in a remarkable economic growth of the two countries. This paper seeks to discuss how globalization influences the patterns of development in Canadian and Chinese history. Since the 1940s, Canada and China have been involved in a number of partnerships that have been growing tremendously resulting in strong economic ties between the two countries. For example, leaders from the two countries have been meeting regularly to discu ss the rich oil fields in the two countries since oil has made both countries to have a stronger relationship. When the energy ministry is not conducting its mandate well, both countries have to raise the issue and make sure that the issue is finally settled. China and Canada have been signing agreements concerning energy distributions and this provides for the exchange of experience in economic matters. One of the agreements that they signed was that Canada had to supply carbon captures and storage projects since China didn’t have the technological know-how about carbon. This agreement gave china confidence and groundwork for further industrial cooperation between the two countries. Influence of globalization on the developments in Canadian and Chinese history China and Canada are two developed countries that have a significant impact on the global economy. The two countries have been involved in trading activities since 1945. Based on the tremendous economic growth of China in the last 50 years, the majority of countries have taken the initiative to form economic ties with China and Canada. Through recognizing its growth potential, the Canadian government has taken the initiative to widen its relationship with China. Precisely, the aim of the Canadian government is to ensure that China’s growth in economy benefits Canada. This is done by making China the most preferred destination for residents of Canada. Due to high influence and emergence of China as a major player in economic sector for the last two decades it has made more countries worldwide to seek the attention from China, and strong economic ties have been established so that they can trade with China and that why Canada was no exception but rather to carry on with trade (China Index of Economic Freedom 33).

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