Sunday , August 14 2022

China's fight on Canadian canals expands as the license, Viterra's 2nd company, is revoked t


A second Canadian company has a license to sell a center for China which was abolished as a campaign continues on one of Canada's largest crops in the world.

The latest movement includes the Viterra Inc. report. Regina, Reuters and Bloomberg on Tuesday. The company, formed from the former merger of Saskatchewan wheat pool, is one of the main treaders of the center.

A Canadian company, Richardson International, was hit by a similar ban earlier this month when the Chinese government declared that it had found dangerous pests like a fungus in the company, so it stopped every load.

Last week, Canada Central Council announced that orders from China had dried up across several center dealers.

The Chinese ban of Viterra is effective immediately.

In justifying the move, Chinese customs officers said that Dalian and Nanning ports had found the same pests in the center of Viterra.

The company did not respond immediately to a request for comments from CBS News.

The unexpected center covenant comes against a background of a wet diplomatic dispute between the two countries, apparently by arresting the Huawei Meng Wanzhou executive in Vancouver last year, at the request of American authorities.

Canadian exports are more centers than anyone else, and China is a major customer. (Scott Galley / CBC)

China has strongly opposed Meng's arrest, and has put pressure on Canada to undo that move. The country has kept two Canadian businessmen claiming to be spying, and it now seems that they are fighting for canola – a crop that was named literally after Canada.

Canola is a type of rapeseed with distinctive yellow flowers and was invented by Canadian researchers in the 1970s. The seeds can be squeezed into edible oil, and discarded shells also make excellent feed.

Canada exports more canals than anyone else in the world. Last year, about 40 per cent went to seed exports to China, worth around $ 2.7 billion.

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