NZ’s two-way education relationship with China
By Grant McPherson, Education New Zealand Chief Executive The Government has set ambitious targets for New Zealand’s international education industry, with our two-way education relationship with China at the forefront. The industry’s key objective is to double its annual economic value to NZ$5.5 billion by...
Slowing Growth Not Yet A Major Worry
By Tony Alexander, BNZ Chief Economist Widespread forecasts that China’s rate of growth slowed to 7.6% in the June quarter from 8.1% in the March have just been confirmed. That means China’s economy has recently grown at its slowest pace in three years which opens up a whole range of questions. The first...
HSBC Purchasing Managers’ Index™ Press Release
China’s goods producers reported an eighth successive month-on-month deterioration in operating conditions during June, as output, incoming new orders and employment continued to decrease. After adjusting for seasonal factors, the HSBC Purchasing Managers’ Index™ (PMI™) – a composite indicator...
Modernization of the Chinese Legal System: A Brief ...
By Daniel Chang, Solicitor and Head of Chinese Legal Division at Ross Holmes Lawyers “The life of the law has not been logic; it has been experience.” (Oliver W. Holmes) It is hard, if not impossible, to understand the laws of a nation without knowing its history. At the end of the day laws are rooted from...
Chinese and Maori business relationships are the future of ...
By Meng Foon, Mayor of Gisborne I believe the Maori business world is the future of NZ’s prosperity. The reason why I say this is because they are here forever, their business strategy is forever and their self determination cannot be compromised. This is in tune with Chinese business thinking, long term and...
NZCTA Monthly Column
By Tony Alexander, BNZ Chief Economist China’s economy has slowed from a growth rate of 10.4% over 2010 to 9.2% over 2011 and an annualised pace of 8.1% in the March quarter of this year. A few weeks ago the common expectation had been that growth would accelerate in the June quarter. But data released in the past...
Money only sleeps if you allow it to
By Brent Malcolm, Head of Corporate Banking, HSBC New Zealand If there was ever a time when economies could be relied on to expand and contract in regular and predictable cycles, it seems that time has been and gone. Looking back over the past fifteen years, the world has been convulsed by a series of shocks; from the...
My Recent Trip to China
By Nicky Wagner, MP for Christchurch Central I have just returned from a whirlwind visit to China, which encompassed five different cities across the country. Our delegation, led by the National Party President, Peter Goodfellow, and including board member Grant McCallum and National MP Jian Yang, was the guest of the...
Growing together with channel partners in China – Are ...
Hongzhi Gao on Business Value-Cocreation in China – Part 1 Dr Hongzhi Gao is a senior lecturer in the School of Marketing and International Business of the Victoria University of Wellington (VUW) and also an associate director in the New Zealand Contemporary China Research Centre. Apart from...
A journey of 1000 miles starts with one step
By Judith Cambridge, Director of Judith Cambridge Ltd, Chartered Accountants Impressions: An absolute sea of people, on average younger than New Zealand and all carrying iPhones! The Journey: “Learn to love China if you are going to do business there!” This was the resounding phrase I took with...
NZCTA Monthly Column
By Tony Alexander, BNZ Chief Economist Data released a few weeks ago show that the Chinese economy’s growth rate slowed from 10.4% over 2010 and 9.2% over 2011 to an annualised pace of 8.1% during the March quarter of this year. Now one can rightly express doubt about the accuracy of figures for such a diverse...
The 7.5% Growth Target. Undershooting Unlikely
The 7.5% Growth Target. Undershooting Unlikely By Tony Alexander, BNZ Chief Economist There was much excitement mid-March when the Chinese Premier announced a target for annual GDP growth during 2012 of 7.5%. This was the lowest such annual target ever set and because growth in China’s economy has already slowed...