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"Canada is a major important middle power between China and the United States," he said. "We don't have to follow the (US President Donald) Trump administration's positions by treating China as an enemy. The trends to be hostile, to disengage and to decouple would not serve Canada's interests."

"China Shipbuilding Corp will uphold national strategies about building strong marine and manufacturing industries, boosting science and technology, developing the military into a world-class force and transforming the company itself into a top-tier enterprise," the statement said. "We will strive to become a top-class shipbuilder with a competitive edge in the global market."

"China is our second-largest market internationally and has grown substantially over the last few years," Stephen Pearce, Tourism Vancouver's vice-president of marketing, told China Daily. "We still are a major gateway for China to North America, and we are also an important destination for more and more Chinese."

"China is also one of the rare countries that has gained momentum in the new economy. Seen from an investment perspective, it is a sector that will surely get high returns in the next 10 years," said Zhang Xiangyang, chairman of the private equity subsidiary of Haitong Securities, an A-share listed brokerage.

"But the real work would have to be done bilaterally between Washington and Pyongyang," he added.