CPABC in Focus February/March 2014 | Page 14

China: The first market to emerge During the economic downturn of the last four years, the Chinese economy has continued to experience significant growth. Even with slower-than-expected GDP growth of 7.8% in 2012, China’s growth still outstrips that of most countries around the world. In the last four years, cash-rich Chinese companies have looked outside their borders to find reliable resource markets to expand their operations and breadth of knowledge. For many, that search has led them to Canada. Prior to the 2013 Nexen- ӓ