Canada Pitches Bank Expansion in China, Seeking to Grow Exports

Canada pitched expanding its financial services presence in the Chinese market as the northern nation aims to increase exports to its second-largest trading partner in a push to diversify from the US.

The five-day trip to China was staffed by a cast that included Prime Minister Mark Carney’s finance minister, the governor of the Bank of Canada, the chief of the Canadian banking regulator and the heads of several Canadian financial services firms.