Wake Up Call: Mahuta's China trade 'storm' warning

China is New Zealand’s largest trading partner, with two-way trade exceeding NZ$33 billion.

Wed, 26 May 2021

Summary Exporters should get ready for a “storm” of Chinese anger that may come our way, foreign affairs minister Nanaia Mahuta has warned. The RBNZ’s Monetary Policy Statement is due today, and while expected to keep its economic levers in the same position, will be examined for signals around inflation, unemployment and growth that may influence interest rates next year.China warning New Zealand exporters need to diversify in order to protect themselves from the “storm” of China that is nearing, says foreign...

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