Alberta Ends Natural Resources Partnership With Chinese Fund

Alberta Ends Natural Resources Partnership With Chinese Fund

OilPrice.com

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The oil-rich Canadian province of Alberta has ended a partnership with a Chinese private equity fund, which was ready to invest $10 billion in natural resources in the province, a spokesperson for Alberta’s government has told Reuters. Canada and China have seen their bilateral relations worsen since 2018, when Ottawa arrested Huawei’s executive Meng Wanzhou at the request of the U.S. China later arrested two Canadian citizens who were accused of spying. The Canadians were released in 2021, as was the Canadian executive, but the Canada-China…

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