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A Chinese business leader says Chinese investors are unfairly viewed as potential security risks in New Zealand.
Bank of China NZ chief executive and China Chamber of Commerce NZ chair Warren Hu told the China Business Summit in Auckland today that New Zealand should follow Singapore when it comes to working with overseas investors.
Hu says while working in Singapore he was involved in many big infrastructure projects involving overseas investors including many from China.
“But in New Zealand, if a Chinese investor wants to invest in a highway project here, there are questions around sensitivities and security risks.
“Can China build a highway here and move it to Beijing?’ he asked.
“I think the sensitivity around security is bullshit.”
He says that as a small country like Singapore, NZ should be open to working with resources from all over the world.
“Singapore is the best friend of China and also the best friend of the US.”
One of the most galling aspects of the tariffs whacked on our farm exports to the US is the fact that, now more than ever, US farmers are being propped up by government welfare – a direct result of Trump’s hardline on its trading partners.
China looks set to play a key role in helping the New Zealand wool sector shift away from trading as a commodity supplier.
If you find a new consumer in a developed wine market, you are taking them from someone else, says Blank Canvas co-founder Sophie Parker-Thomson MW.
The large 2025 harvest will exacerbate the wine industry's "lingering" supply from recent vintages, New Zealand Winegrowers Chief Executive Philip Gregan told attendees at Grape Days events around the country in June.
China's white wine market has experienced remarkable growth in recent years, with market penetration surging from 5% to 20%.
BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.
LIC chief executive David Chin says meeting the revised methane reduction targets will rely on practical science, smart technology, and genuine collaboration across the sector.
Lincoln University Dairy Farm will be tweaking some management practices after an animal welfare complaint laid in mid-August, despite the Ministry for Primary Industries (MPI) investigation into the complaint finding no cause for action.
A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.
Opening a new $3 million methane research barn in Waikato this month, Agriculture Minister Todd McClay called on the dairy sector to “go as fast as you can and prove the concepts”.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
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