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Peters names new Ambassador to China
New Zealand’s next Ambassador to China will be career diplomat Carl Worker, Foreign Minister Winston Peters announced today. “China has become central to the future of the Asia-Pacific region, and to our own diplomatic effort in the region,” Mr Peters said. “There are currently nine New Zealand government agencies...
Beijing extends limit of car use for cleaner air
BEIJING - China's capital has announced a year's extension for traffic restrictions aimed at reducing congestion and improving air quality in Beijing. The measures will take a fifth of the city's 3.61 million vehicles off roads each weekday, according to the Beijing Traffic Management Bureau. The restrictions were first announced in...
China backtracks on PC software filters
Beijing has stepped back from attempts to force the installation of a filtering software on all personal computers produced or sold in China, finally defusing a controversy that caused uproar in the industry and threatened to spark friction over trade with the country. The government will continue to install Green Dam/Youth Escort, a program...
Jumping Beans takes great leap
Kiwi baby gym business Jumping Beans is making the leap to Beijing on a one-year trial in a bid to hook an investor to help it expand. Jumping Beans director Sophie Foster said the company's first foray into China was "exciting", because of the speed at which early education services were growing in China. Jumping Beans offers...
A bubble in Beijing?
Not yet. But China will soon look dangerously frothy unless policymakers allow the yuan to rise HAS the world got a new bubble economy? A rising chorus of foam-spotters believes so. Their argument is simple: to support demand, China’s government has created huge quantities of credit. That lending is leading to unsustainable asset-price...
Details of China trade agreement signing revealed
NZPA Our economy may never be the same after next week. It's been confirmed today that Prime Minister Helen Clark will lead a delegation of no less than 150 to Beijing for the signing of New Zealand's ground-breaking Free Trade Agreement (FTA) with China on April 7. Trade Minister Phil Goff and Education and Ethnic Affairs...