China’s role ‘pivotal’

Canadian Finance Minister Jim Flaherty is urging China to continue to play a pivotal role in keeping the global economic recovery going.

BEIJING — Canadian Finance Minister Jim Flaherty is urging China to continue to play a pivotal role in keeping the global economic recovery going.

In a speech Thursday in Beijing, Flaherty says the fast-growing Chinese economy helped prop up trade around the world during the recession.

Now that the recovery is starting to take hold after the painful 2008-2009 downturn, the Asian economic giant’s contribution will become even more important. Flaherty also welcomes growing investment and trade between Canada and China. He notes that China was Canada’s only major trading partner to increase its imports of Canadian goods last year.