Rational view of China would benefit Canada

The governing Liberal Party elected former central banker Mark Carney its leader on Sunday. Carney will thus succeed Justin Trudeau as prime minister after he is sworn in in the coming days, at a critical juncture as Canada addresses the challenge of US President Donald Trump's trade war.

Despite having little political experience — he has never been elected as a member of parliament-Carney's long track record as governor of the Bank of Canada during the global financial crisis and governor of the Bank of England during the Brexit negotiations is believed to be the main reason for his election victory.

But the test awaiting the future Canadian leader this time is very different from that of the difficult times he once led the central banks through, as it does not originate from the imbalance of financial or economic laws, but the rise of unilateralism, protectionism and hegemony based on a surge of populism in the US. So to pass the test entails the former central banker demonstrating not only financial acumen but more importantly political wisdom, vision and courage.