Growing together with channel partners in China – Are ...
Hongzhi Gao on Business Value-Cocreation in China – Part 1 Dr Hongzhi Gao is a senior lecturer in the School of Marketing and International Business of the Victoria University of Wellington (VUW) and also an associate director in the New Zealand Contemporary China Research Centre. Apart from...
A journey of 1000 miles starts with one step
By Judith Cambridge, Director of Judith Cambridge Ltd, Chartered Accountants Impressions: An absolute sea of people, on average younger than New Zealand and all carrying iPhones! The Journey: “Learn to love China if you are going to do business there!” This was the resounding phrase I took with...
NZCTA Monthly Column
By Tony Alexander, BNZ Chief Economist Data released a few weeks ago show that the Chinese economy’s growth rate slowed from 10.4% over 2010 and 9.2% over 2011 to an annualised pace of 8.1% during the March quarter of this year. Now one can rightly express doubt about the accuracy of figures for such a diverse...
The 7.5% Growth Target. Undershooting Unlikely
The 7.5% Growth Target. Undershooting Unlikely By Tony Alexander, BNZ Chief Economist There was much excitement mid-March when the Chinese Premier announced a target for annual GDP growth during 2012 of 7.5%. This was the lowest such annual target ever set and because growth in China’s economy has already slowed...
Deepen All-round Cooperation and Usher in a Brighter Future
Deepen All-round Cooperation and Usher in a Brighter Future Speech by H.E. Jia Qinglin Chairman of the National Committee of Chinese People’s Political Consultative Conference Of the People’s Republic of China At New Zealand Contemporary China Research Centre Of Victoria University of Wellington...
Be Like the Crocodile in the Yangtze River
Be Like the Crocodile in the Yangtze River Jack Ma, the founder of Alibaba group and the king of e-commerce in China, once famously said “eBay may be a shark in the ocean, but I'm a crocodile in the Yangtze River. If the crocodile fights the shark in the ocean, it will lose, but if we fight in the river, we...
NZ COMPANIES NEED TO FORGE AHEAD WITH RMB PLANS
PBOC ANNOUNCEMENT MEANS NZ COMPANIES NEED TO FORGE AHEAD WITH RMB PLANS, SAYS HSBC Recent announcements from the People’s Bank of China (PBOC) that it is in the process of upgrading its payments systems to make it easier to clear RMB across its borders, suggests that this is yet another move towards the...
NZ's Role in China's Spending Shift
New Zealand's Role In China's Spending Shift By Tony Alexander, Bank of New Zealand Chief Economist One of the most interesting things about the massive growth in China’s economy over the past three decades is that it has not come about as a result either of a grand 1960s-type communist plan or of a typical...
NZ-China Relationship - How Far We've Come
By Tony Alexander, BNZ Chief Economist I’ve been spending the past few weeks looking at the economic relationship between New Zealand and China and have one over-arching observation to make. When China is discussed in the New Zealand media it is almost never in the context of how we can manage the relationship in...
30 Years of NZCTA
By Bruce Kohn Deng Xiaoping, architect of China’s market reforms, told cadres of the Central Committee of the Communist Party of China on 16 January, 1980: “The role we play in international affairs is determined by the extent of our economic growth”. The remarks are especially apt in the...
NZCTA: The value of a contrarian perspective
“Follow the path of the unsafe, independent thinker. Expose your ideas to the dangers of controversy. Speak your mind and fear less the label of ‘crackpot’ than the stigma of conformity. And on issues that seem important to you, stand up and be counted at any cost.” – Thomas Watson...
NZCTA: Rabbit to bring calm, tranquility and good ...
The Rabbit is said to bring a year somewhat more tranquil than its predecessor, the Tiger, where you can “catch your breath and calm your nerves”. It’s a good year to conduct negotiations and public servants and leaders can look to the Rabbit, whose “soft speech and graceful and nimble ways embody...