KiwiBrothersTM make their China debut
Zespri has unveiled the award-winning KiwiBrothersTM mascots in China for the first time to market its large kiwifruit crop.
BNZ senior economist Craig Ebert says he doubts the crisis on the Chinese sharemarket will trigger a wholesale collapse of the Chinese economy.
But he says there could problems if the present situation continues long term. Ebert says the Chinese sharemarket rose quickly earlier in the year and has now fallen back to what it was.
"In many ways it's a healthy correction, but we are watching to see if it has any ramifications and any effect on the wider Asian region. We have noticed that it's starting to affect some of the other Asian equity markets, dragging them down and knocking confidence. But it is still a moot point as to how economically important this is," he told Rural News.
Ebert says the boom on the Chinese sharemarket was caused by officials promoting it, prompting a "collective rush to the door" and people going crazy and investing on the market.
Some of the rules for trading on the Chinese sharemarket are immature by western standards, he says.
Ebert doubts whether this crisis will cause the wheels to fall off the Chinese economy. But he says with China being NZ's major market the turmoil in the market is clearly not good news.
The merger of two of the country’s largest animal nutrition companies won’t lessen competition, the Commerce Commission has ruled.
Zespri has unveiled the award-winning KiwiBrothersTM mascots in China for the first time to market its large kiwifruit crop.
Japanese consumers pay a premium for food that contains ingredients that support health.
In a few weeks the winner of the prestigious Ahuwhenua Trophy for the top Māori dairy farm will be revealed at a gala dinner in Hamilton. In the past couple of weeks, the two finalists in this year’s competition have been holding on-farm field days to showcase why they are finalists. Peter Burke has attended both field days.
The long-running New Zealand Agricultural Show won’t take place this year as cash-strapped organisers mull the event’s future.
The owner of an award-winning cheese producer says the Government’s free trade agreement (FTA) with the European Union (EU) has proven disappointing for the sector.