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Article: Regional forecast, global view: China and Northern Ontario.(ECONOMICALLY SPEAKING)

Article from:
Northern Ontario Business
Article date:
January 1, 2005
Author:
Copyright

Success with the China portfolio is one of the keys to Northern development for 2005. But who has that portfolio? Who has the game plan?

In the twentieth century Northern Ontario was an American resource colony. Today Northern Ontario is suddenly a lot closer to China. Inco is opening plants and building partnerships in China. China Minmetals is negotiating to buy Canada's biggest mining company. Mining supply companies are looking for ways to get into the China market.

United States trade deficits explain part of the way the world is changing its shape. The U.S. has been borrowing to buy Chinese goods. China buys raw materials to build the goods it sends ...

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