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question is for everyone, but I mention Eric because he's married to a Tawanese woman (IIRC), and spends some time in BC,
What's your feeling about how much Chinese money comes into Canada vs the US, and about Chinese preferences in this regard?
I'm trying to gauge how well Canada might weather a US recession - in the past Canadian recessions come in lockstep with US recessions, as the 2 economies are so tightly intertwined.
If Asia can decouple from the US consumer, will Canada benefit disproportionately from the Asian influence? And are the trade volumes enough to cause any difference?
EDIT:
The elephant in the room is the US Treasury market of course - how far will China go to protect that investment? If they want to hold on to the capital gains on that bond portfolio at all costs, they may not shift much to Canada.
What's your feeling about how much Chinese money comes into Canada vs the US, and about Chinese preferences in this regard?
I'm trying to gauge how well Canada might weather a US recession - in the past Canadian recessions come in lockstep with US recessions, as the 2 economies are so tightly intertwined.
If Asia can decouple from the US consumer, will Canada benefit disproportionately from the Asian influence? And are the trade volumes enough to cause any difference?
EDIT:
The elephant in the room is the US Treasury market of course - how far will China go to protect that investment? If they want to hold on to the capital gains on that bond portfolio at all costs, they may not shift much to Canada.
Same model.
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