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News

News

China's booming economy starts to slow

BEIJING - China's rapid economic growth is slowing as the impact of its massive stimulus eases and Beijing clamps down on a credit boom. For the full story, click here

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American companies prepare for end of cheap made-in-China era

Factory workers demanding better wages and working conditions are hastening the eventual end of an era of cheap costs that helped make southern coastal China the world's factory floor. For the full story, click here

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Defanging China's growth

DON’T paint a snake with legs, the Chinese will say, when someone is in danger of spoiling something by overdoing it. For months China’s policymakers have been trying to slow the country’s economy, which grew venomously in the year to the first quarter. The fear is that policymakers will overdo it, spoiling...

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Why we all need to learn Mandarin

Dave Dobbyn's Welcome Home song and video is one of the best signposts of how New Zealand has changed over the last decade. It celebrates a more open, more inclusive New Zealand that looks outward more than it looks inward. It has a generosity of spirit that I think is one of New Zealand's best national attributes in the...

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John Key interview on NZ and China

On Friday night in Shanghai Guyon Espiner sat down with Prime Minister John Key. Now last year while other markets shrank, our exports to China grew by 43% and effectively this increase saved us from the global recession. Guyon began by asking John Key whether China was now our economic saviour. For the full...

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Key aims to double trade with China

Prime Minister John Key has arrived in Beijing and wants to get an agreement to double New Zealand's trade with China within five years. Two-way trade between the two countries is currently $10 billion annually. To read the full story click here

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Chinese IPO may be world's biggest

BEIJING - Agricultural Bank of China is raising at least US$19.2 billion ($27.7 billion) in what may become the world's biggest initial public offering. For the full story click here

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Pandering to China on Key agenda

Prime Minister John Key will launch his own version of "Panda diplomacy" in Beijing today. Key is well-versed in financial swap arrangements. It's inevitable his, "My two kiwis for your vastly discounted pair of pandas" will provide welcome respite for the travelling media party after a couple of days...

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No hard feelings over Norman protest - Chinese VP

Chinese Vice President Xi Jinping was quick to thank New Zealand last night for its hospitality on his visit last month and said he had put the protest by Green Party co-leader Russel Norman behind him. To read the full article, click here

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The rise of China’s state-backed banks is stunning. But ...

THERE is no more potent symbol of the relative decline of Western finance than the revolution in Chinese banking over the past decade. While American and European banks have been busy blowing up, China’s have been transformed from communist bureaucracies crippled by bad debts into something resembling world beaters....

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Chinese dairy bidder's application finally in

The Chinese backed bid to buy up 16 Crafar family farms in receivership has been lodged with the Overseas Investment Office. For the full story, click here

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The long and obscure arm of the law

CHINA's criminal justice machine moves relentlessly and predictably. It thus come as no surprise to people who had followed the case that that Xue Feng (pictured above), an American geologist, was convicted on July 5th and sentenced to an eight-year prison term on charges of illegally obtaining state secrets related to the...

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