Even though the prospects of a deal were still alive late Tuesday, the Prime Minister can’t hide the fact that he miscalculated

Even though the prospects of a deal were still alive late Tuesday, the Prime Minister can’t hide the fact that he miscalculated

BEIJING – Justin Trudeau left China’s capital without a deal to launch free trade negotiations with the world’s second largest economy.

But after ‎the Prime Minister’s meeting with Chinese president Xi Jinping, an agreement appears close. Sources suggested the deal was on and then off again at various points in the evening.

As the Canadian delegation set off for the Fortune Global Forum in Guangzhou, the two sides appear to be on the verge of an agreement, having failed to sign a deal the day before.

Trudeau’s meeting with Premier Li Keqiang on Monday ended in stalemate, after the two sides could not agree on language about the inclusion of labour protections in the framework for talks.

The episode is a cautionary tale for anyone doing business in China.

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See Also:

(1) The APEC summit and Canada’s reputation in Asia

(2) Feds reject controversial French-Italian warship proposal

(3) Federal government scraps plan to buy Boeing jets, turns to Australian military instead

(4) The China-Australia Free Trade Agreement: Lessons for Canada


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