Key crowns APEC summit with China free-trade upgrade

Sun, 20 Nov 2016

By Pattrick Smellie in Lima Nov. 21 (BusinessDesk) - New Zealand and China have agreed to renegotiate the historic free-trade agreement between the two countries, in an announcement at the APEC leaders’ summit in the Peruvian capital, Lima, dominated by discussion about the baton on trade liberalisation leadership passing to China from the US. Top of the list in the “upgrade” negotiations will be the so-called ‘dairy safeguards’ – quotas that limit the amount of New Zealand dairy produce that can go into China duty-free. At present, th...

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