China's cash floods into Canadian energy sector
By Wenran Jiang
As China has become the world's second-largest economy, its demand for energy has caused it to become the world's biggest comprehensive energy consumer. Accompanying this process has been a sharp upward trend in Chinese foreign direct investment (FDI) focused on energy and other resources.
Canada has become the latest addition to Beijing's FDI investment priority list with C$15 billion (US$15.2 billion) worth of Chinese capital pouring into the energy-rich province of Alberta in 2010.