President Xi Jinping is set to meet Canada's Prime Minister Mark Carney, who joins a procession of world leaders visiting Beijing to mend fences with China. Bloomberg's Stephen Engle reports.

Beijing

Canadian Prime Minister Mark Carney has arrived in Beijing, marking the first state visit by a Canadian leader to China in eight years. Carney is scheduled to meet with Premier Li and later hold talks with President Xi Jinping, with the primary focus on resolving trade disputes between the two countries.

Key issues include Canadian tariffs on Chinese electric vehicles, aluminum, and steel, as well as Chinese tariffs on Canadian agricultural products such as rapeseed. Both sides are seeking to improve trade relations, with Carney expressing a goal to reduce Canada's reliance on U.S. export markets and double non-U.S. exports over the next decade.

Canada PM Carney in Beijing for trade talks, Xi meeting

Right, let's talk about visits, shall we? So there we go. That's Mark Carney, Prime Minister of Canada. He has arrived in China. First state visit by a Canadian leader in eight years. He'll be meeting with Premier Li today. That's ahead of Friday's talks with President Xi. Stephen Engel, our Chief North Asia Correspondent, is with us out of Shanghai. Steve, what's at stake here? First meeting in many years. Yeah, that's right. And it's been a fairly frosty relationship over those eight years or thereabouts, especially through the Justin Trudeau period, because of him sort of aligning Canadian trade policy with that of the United States. There was some 100% tariff on Chinese EVs to protect the domestic market in Canada, as well as on aluminum and steel. Those are things that the Chinese would like to see, perhaps in some sort of agreement with Carney on this trip, to be removed or reduced, as well as the Canadians would like to see the tariffs that the Chinese have put on agricultural products from Canada, especially rapeseed, which is also known as canola, which is a key export by the Canadians to China. Actually, China is the number two export market for rapeseed. So that's been essentially dropped down to zero because of those tariffs the Chinese put in place. But I think the EV situation is one we're looking at as whether this can be a deal between Xi Jinping and Mark Carney that will be at their meeting tomorrow. And that's pretty much what we're all looking for. And again, Mark Carney has said he wants to essentially reduce their reliance on the United States for their export of their products. In fact, he wants to essentially reduce or find other export markets, non-U.S. export markets doubling over the next decade, according to Mark Carney. It seems like the Chinese have really been kind of rolling out the welcome mat for a lot of world leaders. We just had the South Korean president there, so Carney's not the only one. Why do you think Beijing is doing this? Well, they see an opportunity, no doubt, obviously, with the trade friction that was caused by the tariffs from the United States. Trump's tariffs starting in April has caused essentially a redrawing of the global trade map and world leaders are seeing China as another destination, obviously, for their products. They also want to get more clarity on the levers of leverage, if you will, on rare earths that they've employed, not only with the United States, but now in punishment to Japan. So there's lots to be discussed. You're right. The South Korean president was here earlier this month. We have Mark Carney here now. We're going to soon get Keir Starmer from the UK arriving here in Beijing, followed by Friedrich Merz, the chancellor of Germany. That's in addition to what we saw already late last year. The French president, Emmanuel Macron, was here last month. We also had Albanese of Australia here twice in 2025. So clearly they are rolling out, as you can see there at the Great Hall of the People, the red carpet for these world leaders. Lots to discuss, including, I would imagine, Friedrich Merz of Germany wants to discuss further or the Chinese wants to discuss further with him this minimum price mechanism that the European Union is working out for Chinese EVs into the EU.

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Tehran

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London

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