'Canadian Prime Minister Mark Carney announced yesterday that he will visit China next week to meet with Chinese President Xi Jinping as Canada looks to reduce its reliance on the United States, which has threatened its economy and sovereignty.

It is the first visit to China by a Canadian prime minister in more than eight years. Xi invited Carney to China when they met during an Asia-Pacific summit in October. The visit comes as the two countries move to restore stronger ties after years of tensions.

“We’re forging new partnerships around the world to transform our economy from one that has been reliant on a single trade partner, to one that is stronger and more resilient to global shock,” Carney said in a statement on Wednesday.'

Most western nations now enjoy more economic advantage via their trade with China than the USA.
China now dominates global trade in manufactured goods and commodities providing the best price for commodities and the best price for manufactured goods because the Chinese mixed state capitalist mercantile economy can transform commodities into processed/manufactured form more efficiently than any other developed economy.

The government and its part in the strategic development of the economy can be a significant factor in the wealth of nations.
Free markets alone are not sufficient to ensure wealth, security and prosperity.