‘China’s growth is an opportunity for Canada’ – Donald Guloien, President and CEO, Manulife

As published in The Globe and Mail, April 30, 2011

"Canadians recognize China as an emerging economic superpower. But they may not know how favourably the Chinese view us. Norman Bethune, 72 years after his death, is still revered by young and old. The Chinese appreciate the important role that Chinese Canadians play in our society; the stability and integrity of our government; our conservative approach to financial management; and the trustworthy and thoughtful nature of our business community.

"Over the past 20 years, China has empowered 400 million people, bringing them over the poverty line. Today, China is using energy-efficient high-speed trains, subways, aircraft and infrastructure built, or invested in, by Canadian companies Bombardier, SNC-Lavalin and Power Corp. The China Investment Corp. has played a major role in the success of Teck Resources.

"Manulife has 14,000 agents and employees providing insurance and mutual funds to more than 1.5 million Chinese consumers. Our partners in these ventures, Sinochem and Tianjin-TEDA, are reliable, loyal and focused on long-term success.

"Canadians need growth beyond our borders. Viewing China's development as an opportunity only makes sense for Canada."

- Donald Guloien, President and Chief Executive Officer, Manulife Financial Corporation