Injuns are fast running out of options; Chinese tech should consider the subcontinent a lost cause and MSS should be working on fomenting civil unrest and instigating separatism and terrorism within india.
Chinese Economics Thread
- Thread starter Norfolk
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Injuns are fast running out of options; Chinese tech should consider the subcontinent a lost cause and MSS should be working on fomenting civil unrest and instigating separatism and terrorism within india.
Less people is one solution (ie Japan's real estate market), or better investment vehicles.
AssassinsMace
Lieutenant General
antiterror13
Brigadier
From local media
New Zealand and China upgrade free trade agreement
3:32 pm today
The New Zealand and Chinese governments have signed an upgrade to the free trade agreement between the two countries.
Agriculture Minister Damien O'Connor at a press conference announcing the Government's reforms to clean up our waterways, Beehive Theatrette, Wellington.Photo: Pool / Stuff / Kevin Stent
Minister for trade and export growth Damien O'Connor just signed the upgrade in a virtual ceremony with China's minister of commerce, Wang Wentao.
In a statement, O'Connor said the upgrade brings the agreement up to date for at least another 10 years.
"This upgraded agreement comes at a time of considerable global economic disruption due to Covid-19. The upgraded free trade agreement is part of the government's Trade Recovery Strategy, in response to the economic shock of Covid-19.
"China is one of New Zealand's most important relationships. Signing this agreement today builds on the significant benefits both countries have enjoyed as a result of our existing FTA."
For the first time, environmental considerations have been included in the upgrade - meaning both countries have committed to ensuring environmental standards aren't lowered for a trade or investment advantage or used for trade protectionist purposes.
It will also ensure that most of New Zealand's $3 billion wood and paper trade to China will be tariff-free.
The considerations are "the most ambitious trade and environment chapter and the highest level of commitment that China has agreed in any FTA", O'Connor said.
The upgrade will make exporting to China easier and cheaper by, for example, simplifying documentation requirements and establishing dedicated contacts for New Zealand businesses at key ports in China.
In addition, all safeguard tariffs in dairy are set to be eliminated within one year for most products, and three years for milk powder.
"This means that by 1 January 2024, all New Zealand dairy exports to China will be tariff free," O'Connor said.
"Protections in the existing agreement that are important to New Zealanders, such as our rules on overseas investment and the Treaty of Waitangi exception, remain in place."
He said benefits would be seen across a range of exporting sectors including seafood, the forestry sector, and other primary sector industries, as well as those in services, including advertising, education, and aviation-related services.
The renewed agreement would deepen "our relationship further" and give exporters the "best possible access to the China market", he said.
However, before the agreement is enforced it will be have to be approved by Parliament first.
China is New Zealand's largest trading partner, with two-way goods and services trade now exceeding $32 billion a year.
@antiterror13
Hahahaha, Benefitting from Australia foolishness...LOL the pros and cons of being part of the 5 eyes, we all know the advantages, the Disadvantages is that they produce the same product to export for the same customer, so they compete, one country disaster is a blessing for the other. That's why the Chinese containment will fail.....LOL.
antiterror13
Brigadier
@antiterror13
Hahahaha, Benefitting from Australia foolishness...LOL the pros and cons of being part of the 5 eyes, we all know the advantages, the Disadvantages is that they produce the same product to export for the same customer, so they compete, one country disaster is a blessing for the other. That's why the Chinese containment will fail.....LOL.
Yeapp, local fishermen are so happy that now they could sell a crayfish for NZ$100 each (live) to China. The price increase due to mainly China stop accepting Australian crayfish. NZ crayfish is the best and really delicious. Only 5-7 kms away from my place (Wellington), I could catch a few (max daily limit is 6 crayfish). I don't need to dive, just put 2-3 craypots in the morning and check in the following day or night, normally you would get one or two even more
Guangdong GDP growth 2.3% YoY for 2020, now at 11 trillion RMB (1.6 trillion USD) making it number 1 across all provinces 32 years running. It has now exceeded South Korea's GDP of 1.54 trillion USD. If Guangdong was a country it would be the 8th largest economy in the world.
The real goal is to eventually be twice as big as Korea. This is because Guangdong's population is twice the size of Korea. Then again you can make the argument Guangdongren do not necessarily have half the purchasing power of Koreans, because one unit of renminbi goes further in GD than one unit of won goes in Korea.
New Zealand still does not seem to want to allow Huawei 5G into their networks, which means they are on that side.
New Zealand signs a upgraded trade pack with China, which does not means they are on that other side.
All it means, is that New Zealand plays both sides. Who can blame them?
But ... here is the curious part ...
By continuing the ban on Huawei 5G, they get nothing, nothing new and more expensive network gear, in essence, no extra benefits by being on that side.
By upgrading their trade pack with China, New Zealand actually got something in return (although officially they still are on that side they always were on).
What are the other 5 lies gonna say? Do not improve your trading relationship with China? All Ardern will just say, "What exactly are you doing?"
There are smart people world, and there is Morrison man.
New Zealand signs a upgraded trade pack with China, which does not means they are on that other side.
All it means, is that New Zealand plays both sides. Who can blame them?
But ... here is the curious part ...
By continuing the ban on Huawei 5G, they get nothing, nothing new and more expensive network gear, in essence, no extra benefits by being on that side.
By upgrading their trade pack with China, New Zealand actually got something in return (although officially they still are on that side they always were on).
What are the other 5 lies gonna say? Do not improve your trading relationship with China? All Ardern will just say, "What exactly are you doing?"
There are smart people world, and there is Morrison man.