Chinese President Xi Jinping is confident about china’s economic future. China is the second largest economy in the world; they have business connect all around the world. China has long acknowledged it needs to shift away from a growth model that has relied heavily on investment in construction and polluting industries that have fouled its water and choked its skies with smog. President Xi JinPing said:” We are focusing more on improving the quality and efficiency of growth,” said Xi, likening the process to finding one’s way to a “new village.” These years, China is too relaying on investments and contributions, but it actually caused lots of pollutions in the country. China’s air pollution is a big problem, they need to improve their economy while improve the environmental issues. Also Xi said APEC is a big family; China is ready to live in this family with others.

Resource:

http://www.cbc.ca/news/business/china-s-growth-still-robust-president-xi-jinping-tells-apec-summit-1.1928240

As we can see Asia’s global economy market is growing, therefore according to Chinese news media, China will be introducing a list of skills currently in demand in the country to attractive foreign workers. At the same time, Japan also wants to canvass foreign people to work in their country.

According to China’s Daily, Beijing’s announcement came two years after the city of Shanghai began publishing its own oversea recruitment list. The list wasn’t in a big size, 72 positions that nine state-owned enterprises were looking to fill. The size won’t be as large as Canadian’s program; the national skills list will be published next year, although no other details about the program. Both China and Japan are looking for science, technology, and management field talents, this two countries are both having strong economy, also including southeast countries, like Malaysia, Thailand, Singapore and other countries. Those countries are actually very attractive for foreign talent. Because of China’s business market, lots of people want to find their opportunities in China.

 The problem is Canada is facing with other countries competing for the same foreign talents, but Canada still having some strength than other countries.

Resource:

http://www.vancouversun.com/business/China+Japan+entering+global+competition+foreign+workers/9003686/story.html

  Prime Minister Stephen Harper visited Malaysia on Saturday after 17 years later. This time he went to Malaysia because Canada wants to make a business connect with Malaysia, the growth of Southeast Asian middle class is the key driver in the market，Canadians’ companies are put their eyes on southeast countries. Not only Canada, China is doing almost $100 billion dollars a year in trade with Malaysia while Canada is trade put about $3 millions annual. On Saturday, President Xi said he’d like to see that total hit $160 billion a year by 2017.

   Canada- Malaysia are doing some business together like, CAE Inc. is the important one, CAE Inc. is discount airline for Air Asian, the fast growing in region, also have other companies are connect with Malaysia, such as: Talisman Energy, Bombardier Rail, Teknion Furniture and several major financial institutions are among the Canadian firms already cashing in on regional growth. Nowadays, the international business market has been developed a lot; the whole market is a free market, one country can trade their advantages to other countries and get their benefits.

Resource：

http://www.cbc.ca/news/politics/harper-eyes-regional-growth-for-new-business-in-malaysia-1.1913826

Blackberry is facing lots of problems; they have to cut 4，500 jobs, almost quarter of their employees. The reason caused this situation happened was because their BlackBerry Z10 didn’t have a goods market to sell, Felix Salmon, a financial blogger for Reuters, also put it bluntly: “They failed to win the smartphone wars, they have lost the smartphone wars and now they’re toast. It’s as simple as that,” he told CBC’s Lang & O’Leary Exchange. Nowadays, the smartphone market is controlling by Apple and Samsung, BlackBerry could not follow their steps, because those two companies are moving too fast, they keep changing their technology and made their products becomes better, BlackBerry started the smartphone Z10 too late, Apple and Samsung are more attractive than BlackBerry, the reason is because their brand power, both of them having great number of customers willing to buy in Asia, and all round the world, that’s why Apple wants to focus in China’s sales market.

BlackBerry also facing the lawsuit problem, the stakeholders are unhappy with them, because they are having between $930 millions to $960 millions unsold BlackBerry Z10, this is not what they respected before, they thought Z10 will have great future but it didn’t happened, this is not the first time they suited by investors. According to the lawsuit, the write-down announced on Sept. 20 sent stocks reeling, with share price dropping 24 percent, from $10.52 on Sept. 19 to $8.01 on Sept. 25.

Resource:

http://www.cbc.ca/news/business/blackberry-hit-with-shareholder-lawsuit-1.1913852

http://www.cbc.ca/news/does-blackberry-have-a-future-1.1862945