Is China's 'red carpet' era for Canadian business about to end?

Canada's Ballard Power Systems now says it will 'defer spend in the China market as long as possible.' From jefflagerquist

) is among the Canadian companies eyeing a larger presence on the ground in China today. The Canadian company is deploying zero-emissions vehicles through partnerships with several Chinese firms.Sarah Kutulakos, executive director of the Canada China Business Council

While Beijing has not signalled any direct retaliation against Canadian entities, Kutulakos says the red carpet era may be coming to an end. "Australia has found with iron ore that despite having a free trade agreement with China, they lost access to their market for a period of time," she said. "Sometimes, a fairly arbitrary-seeming decision can be made."

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