China has cancelled major Canadian agribusiness Richardson International Ltd...
BEIJING/KABUL - China has cancelled major Canadian agribusiness Richardson International Ltd’s registration to ship canola to China, according to a document listing approved exporters posted on the website of the Chinese customs administration on March 1.
But the move comes amid heightened tensions between the two countries in a dispute over trade and telecoms technology that has ensnared the chief financial officer of the world’s largest telecommunications equipment maker, Huawei Technologies Ltd, who faces U.S. criminal charges. A lasting block on Richardson’s canola exports would be a headache for Canada’s biggest grain handler and a potential blow for the Canadian economy as a whole.
In the escalating diplomatic row with Canada, China has detained two Canadians working in China, and on Monday accused one of them of stealing Chinese state secrets from the other. The restriction on imports of canola from a country with which links have worsened echoes recent moves by Chinese customs to slow clearing of Australian coal imports.
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China blocks canola shipments from major Canadian agribusinessChina has cancelled major Canadian agribusiness Richardson International Ltd's registration to ship canola to China, according to a document listing approved exporters posted on the website of the Chinese customs administration on March 1.
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