NZ firms eye profit, revenue lift in China despite caution

NZ firms eye profit, revenue lift in China despite caution
Nanjing Road is a well-known shopping area in Shanghai, China. (Image: BusinessDesk)
Riley Kennedy
Two-thirds of New Zealand businesses operating in China expect increased revenue in the next year, while more than half are also projecting higher profits.That’s according to the New Zealand Business Roundtable in China (NZBRIC) annual Business Outlook Report, which captures the sentiment of 60 NZ companies operating in this country’s largest export market.Prime Minister Christopher Luxon, accompanied by a delegation of senior business leaders, departs for China on Tuesday in his first trip to the country as PM. The focus of th...

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