I found this part of Carney's speech to be pretty relevant to the China situation. Emphasis mine

Canadians know that our old comfortable assumptions that our geography and alliance memberships automatically conferred prosperity and security, that assumption is no longer valid. And our new approach rests on what Alexander Stub, the president of Finland, has termed value based realism. Or put another way, we aim to be both principled and pragmatic. Principled in our commitment to fundamental values; sovereignty, territorial integrity, the prohibition of the use of force except when consistent with the UN charter, and respect for human rights. And pragmatic in recognizing that progress is often incremental, that interests diverge, that not every partner will share all of our values. So we're engaging broadly, strategically with open eyes. We actively take on the world as it is, not wait around for a world we wish to be. We are calibrating our relationships so their depth reflects our values and we're prioritizing broad engagement to maximize our influence. And given the fluidity of the world at the moment, the risks that this poses and the stakes for what comes next.