Canadian – Chinese Trading Hub To Lower Cost Of Doing Business
The Chinese are very innovative and smart people. They are aligning themselves to be a superpower and looking for allies in the Canadian region of the world. This strategic move of making Canada a trading hub for their currency is a good move as it reduces the cost of doing business.
Canada has received a major boost in their international reputation as a trading nation. There is a lot of potential as a new international gateway has been opened.
Read The Globe and Mail Article here: http://www.theglobeandmail.com/report-on-business/international-business/yuan-trading-hub-status-a-major-win-for-canada/article21541747/
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Terry Smeader
Owner at Safety Protection Warehouse
Distributor of Nomex, Flame Resistant Safety Clothing and Arc Flash Protection.
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