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British Columbia Moves to Diversify Trade to Rebalance Economy

Published: Jun. 18, 2025 2:07 a.m. GMT+8

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Diana Gibson, British Columbia’s Minister for Jobs, Economic Development and Innovation, speaks at the Web Summit in Vancouver in late May

As geopolitical crosscurrents complicate Canada’s trade landscape, the Pacific province of British Columbia is diversifying its economic base and deepening ties with a broader array of global partners.

A growth engine for Canada and a gateway to the Asia-Pacific, British Columbia is facing trade friction on two fronts. On one hand, it suffers retaliatory Chinese tariffs on key exports like seafood. On the other, the Trump administration’s aggressive tariff assaults are disrupting long-established trade norms.

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British Columbia is diversifying its economy, focusing on technology, life sciences, and AI to build resilience amid US and Chinese trade frictions.
The province is strengthening ties with global partners, including the Asia-Pacific, EU, and UK, and supporting local businesses through initiatives like Export Navigator.
Despite diplomatic challenges, British Columbia maintains strong economic and cultural links with China, aided by its significant Chinese Canadian community.

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Who’s Who

Huawei: Huawei's Chief Financial Officer, Meng Wanzhou, was detained in Vancouver in 2018, contributing to diplomatic strains between China and Canada.

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