11 6, the Chinese Ministry of Commerce announced the pulp (cellulose pulp) preliminary determination of anti-dumping investigations, starting from November 7 originating in the United States, Canada and Brazil imported pulp take the form of temporary deposit anti-dumping measures, a move in the Canadian pulp industry reacted strongly.
on the Toronto Stock Exchange famous Canadian pulp producers Fortress company on the 6th stock price fell to its lowest level in recent years, a decrease of 11.1%, a single share price from 5.63 Canadian dollars fell to 5 Canadian dollars. Currently, the company is considering Quebecs pulp production plant into a kraft pulp mill, exports to China in response to the crisis caused by frustration.
Fortress company said the Chinese government has accused the Canadian pulp products originating in the existence of dumping and Chinese pulp industry damaging lack of evidence, citing Canadian economist Mi Xieer (Michael Stone) the report, said Chinas domestic pulp price decline was mainly due to decline in international cotton prices and the global textile fiber market is weak, China pulp producers a competitive disadvantage from foreign imports expensive wood fiber pulp to China instead of dumping. Company is considering joint Canadian federal government to the WTO complaint.
survey showed that only 6 percent of Chinese companies have chosen Canada as the future foreign investment destination Editor：分心拆弹
"China to the world in 2013 survey," the 4th in Vancouver "organized by China to the world," the seminar release. The survey was conducted by the Asia Pacific Foundation of Canada (APF Canada), China International Trade Promotion Committee (CCPIT) and the Simon Fraser University Asia-Pacific Research Center, Austin, Jack (Jack Austin Centre for Asia Pacific Business Studies at SFU) jointly issued.
reported that 6 percent of Chinese companies will choose Canada as a destination for foreign direct investment in the future, while 35% of companies will choose the United States, 16% of companies will choose Germany. While Chinese investment in Canada from 2006 began to grow rapidly, but compared to Chinas investment in other countries, Canada is still relatively small. 2012, Chinas direct investment in Canada was $ 12 billion Canadian dollars, all foreign investment in Canada only 2%.
Asia Pacific Foundation of Canada, Yuen Pau Woo, president and CEO, said in the next decade, China will have a large-scale foreign investment. Canada must compete with other countries, which will require all levels of government and business to work together. Yuen Pau Woo, said Chinese enterprises need to enter Canada Learn more about the Canadian legal, social and cultural knowledge. Meanwhile, the Chinese enterprises to actively participate in the Canadian Chamber of Commerce, participate in seminars and collaboration with local organizations to deepen Sino-Canadian understanding of each others companies.
this survey in February 2013 to June for a total of 1,056 companies responded to most or part of the problem, a response rate of 35%. Respondents, in addition to foreign-funded enterprises in China, including 962 Chinese enterprises.