Canada should learn from Australia’s pragmatic approach to trading with China

News Snapshot:

When Chinese President Xi Jinping delivered a speech to Australia’s parliament back in 2014, his oration created confusion in Canberra. Mr. Xi was sharing his vision of “the Chinese dream” after the two countries agreed to the terms of a free-trade agreement. He outlined two goals. The first was increasing China’s gross domestic product. His second aspiration was to turn China “into a modern socialist country that is prosperous, democratic, culturally advanced and harmonious by the middle of the century.” Although Mr. Xi had uttered those words before, the true meaning of his message got lost in translation. Australia’s then-prime...