BYD’s Canada Entry: Trade Deal Bait or Security Risk?
China’s ambassador to Canada recently highlighted the challenges BYD, a major electric vehicle manufacturer, faced while considering Canadian investment, citing “huge difficulties, restrictions and obstruction.” This suggests a deliberate attempt by China to influence Canadian trade policy through the implication of potential future EV investments. The ambassador emphasized the mutual benefits of such cooperation in the EV sector, leaving open the possibility of renewed investment interest. This implicitly links future Canadian trade decisions to the prospect of significant Chinese investment in the EV market.
John Q. Hosedrinker