Chinese slowdown biggest external threat to NZ growth, says IMF

Mon, 31 Mar 2014

By Paul McBeth April 1 (BusinessDesk) - The risk of a sharp slowdown in China’s economy is the biggest external threat to New Zealand’s growth, due to its export exposure across the Asia region, according to the International Monetary Fund. New Zealand’s growth prospects have improved in the near-term with strong business and consumer confidence and high commodity prices, though the growing reliance on China buying kiwi exports is a worry if the world’s second-biggest economy started struggling, the IMF says in its concluding statement on th...

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