Lessons from the front lines: Developing a business in China
Mike Bennetts, a Kiwi veteran of doing business in Asia, shares some real world lessons for developing a business in China. Fuelled by the global financial crisis, a recently signed free trade agreement and a substantial Chinese economic stimulus package, many NZ businesses are facing a plethora of threats and...
NZCTA Commentary: Taming the dragon - no one right way to ...
Michael Bennetts, experienced China hand was the speaker at our well attended breakfast event in association with Gold sponsors, HSBC last month. In his extensive time in China, he had access to and relationships with officials across the board, from large multi-national corporations to smaller domestic companies, both public...
China promises much for New Zealand exporters
Financial crises are times of rapid change. The 1997 – 1998 Asian financial crisis and the policies that ensued transformed many countries in East and Southeast Asia. Analysts feared at the time that China would be forced to devalue its currency and thus deepen the crisis. Even though China’s economy did suffer...
Guangzhou and Auckland: 20 years on partnership continues ...
An international partnership formed with insight 20 years ago through Auckland City Council has paved the way for an enduring trade connection between two leading cities. Guangzhou, capital of Guangdong Province, the powerhouse for China’s manufacturing, became Auckland’s sister city in 1989. The results of...
NZCTA Commentary: Life in the Dragon Yet!
A recent briefing NZCTA received from its ex officio Government colleagues contained the classic mix of good news / bad news. First, because NZCTA always sees the glass half full, the good news. The China promotional effort will continue despite public service budget cuts and the international economic...
Opening the Chinese puzzle box
Overseas investors on their second and third experiences of doing transactions in China are discovering new layers in the puzzle box of Chinese negotiations. The Ernst & Young China Business Group, reveals some of the secrets to opening the box. In 2007, just three out of every ten1 Chinese transactions came to...
Export Opinion: Transfer Pricing Developments in China
Ernst & Young's China Business Group brings us up to speed on the latest developments in the world of Transfer Pricing. A major change in China’s transfer pricing regime occurred last month, albeit with much less fanfare than recent Chinese New Year celebrations. Transfer pricing is an area of international...
Top Ten Business Trends in China for 2009
The Li & Fung Research Centre, a division of the Li & Fung Group, share their expert analysis of the year ahead in China; we focus on the first trend and provide you with links for further reading. Summary of the "Ten Highlights of China's Commerical Sector in 2009" 2009 will be a very...
Bloomberg Analysis: China's GDP Growth
Jan. 22 (Bloomberg) -- China's economy expanded at the slowest pace in seven years as the global recession dragged down exports, increasing pressure for more government spending and lower interest rates to buoy growth. Gross domestic product grew 6.8 percent in the fourth quarter from a year earlier, after a 9 percent...
Meet Richard Fyers
In this issue of China Now we introduce you to one of the NZCTA's longstanding Executive Committee members, Richard Fyers of Fyers Joyce. Fyers Joyce is a business law firm based in Auckland. Its practice areas include all commercial, financial and regulatory issues that affect businesses especially those operating...
NZCTA Commentary - Feb '09
NZCTA has no stance on capital punishment – it’s official! The melamine scandal in China has just brought its inevitable result and sentences have been passed. The outcome is probably of little surprise to China watchers. In a way, we suppose, the clamour in New Zealand was of little surprise too.Those on...
China: a reservoir of solvency and growth
In this extract from China Watch, David Mahon, Managing Director of Mahon China Investment Management, addresses the question of how resilient the Chinese economy will be in the midst of the global financial crisis. At the beginning of this year, concerned by steep inflation of food and property prices, the...