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Freeland Advocates Balanced Global Trade with China

2/5/2026

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Summary

Story summary

Chrystia Freeland, Canada's former deputy prime minister, urged cautious engagement with China to protect globalization, speaking at the Peterson Institute.
She said dependencies must be managed amid trade weaponization and supported Ursula von der Leyen, president of European Commission, in 2023.
Freeland called for a global economic system that accommodates China while reducing vulnerabilities for others.
She warned that businesses should avoid depending on a single customer, urging a balanced international approach.

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Story summary

Chrystia Freeland, Canada's former deputy prime minister, urged cautious engagement with China to protect globalization, speaking at the Peterson Institute.
She said dependencies must be managed amid trade weaponization and supported Ursula von der Leyen, president of European Commission, in 2023.
Freeland called for a global economic system that accommodates China while reducing vulnerabilities for others.
She warned that businesses should avoid depending on a single customer, urging a balanced international approach.