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‘Disruptive’ China influence prompts Canadian tilt towards Indo-Pacific

Bloomberg Prime Minister Justin Trudeau’s government is boosting military spending and expanding Canadian trade ties in the Indo-Pacific region as part of a “generational” policy shift aimed at countering China’s influence. Foreign Minister Melanie Joly released her nation’s Indo-Pacific Strategy, including nearly $1.7 billion (C$2.3 billion) in spending. That money is being used for more navy patrols in the region, ...

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China Covid protests spread to Hong Kong

  Bloomberg Dozens of people in Hong Kong rallied in the city and emulated some of the protests erupting in China in opposition to the nation’s Covid Zero policy. The people gathered in the city’s central business district at about 7:40 pm local time, with some holding blank pieces of paper — mimicking what many protesters have done in the ...

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Korea banks add $3.7 billion to market aid fund to ease strains

  Bloomberg South Korea is continuing with efforts to ease strains in its credit market, with local financial firms making a second round of contribution to a key bond stabilisation fund redeployed in October. The companies will inject an additional 5 trillion won ($3.7 billion) into the fund between December and January, according to the Finance Ministry. The Bank of ...

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