Subscribe To China Now

strategy

Agency takes risk out of operating in China

You're a company feeling its way in China when you get a call that a shipment of ...

read more
View all in strategy

finance

China to Simplify Business Registration for Foreign Investors

China will simplify business registration procedures for foreign-invested ...

read more
View all in finance

profile

‘Team Wellington’ says Ni hao to China

The number of Chinese visitors to central New Zealand is set to grow, following a new ...

read more
View all in profile

commentary

Update on the New Zealand-China FTA Upgrade

Negotiations to upgrade the New Zealand-China Free Trade Agreement are now in their ...

read more
View all in commentary

general

Mandarin language assistants welcomed

Forty eight Mandarin Language Assistants were officially welcomed to New Zealand ...

read more
View all in general

NZ signs up to Asian Infrastructure Investment Bank

Profile

New Zealand has formally become a founding member of the Asian Infrastructure Investment Bank at a signing ceremony in Beijing on 29 June 2015, Finance Minister Bill English says.

The Bank is a China-led initiative which is being established to address a gap in new infrastructure across Asia.

“New Zealand actively participated early in the negotiations. Our aim was to push for a well-run, transparent and broad-based multilateral institution. The 50 countries who signed today is testament to the final result,” Mr English says.

“We have strong economic, trade and investment links with Asia. Raising the economic potential across the region is very much in the interests of all New Zealanders.”

The Bank is expected to begin operations before the end of the year.

Alongside counterparts from Switzerland and South Korea, Minister English was one of three Ministers invited to address the meeting of Ministers of Finance and the Chinese President at the signing ceremony.