Eldridge Financial Blog: Key aims to piggyback on China’s success
More Chinese investment in New Zealand farms and infrastructure will be targeted by the Government.
Prime Minister John Key today released a strategy to double trade with the Asian super...
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Eldridge Financial Blog: Key aims to piggyback on China’s success
More Chinese investment in New Zealand farms and infrastructure will be targeted by the Government.
Prime Minister John Key today released a strategy to double trade with the Asian super power by 2015,
saying it is critical for the country’s financial wellbeing.
Opening Our Doors to China has taken over a year to develop and comes as public anger grows over
farm land sales to foreigners, particularly the Crafar farms bought by a Chinese company.
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The idea of Chinese investors taking over the Crafar farms has not sat well with many and the Green
Party says the farms were sacrificed for the sake of a stronger relationship with China.
But Key is eager to develop the relationship with Beijing, believing New Zealand can be prosperous on
the back of “probably the fastest growing economy in the world”.
“They’re our second largest market…by 2020 they’re likely to be the largest economy in the world,”
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