Culture was the most frequently mentioned word at the 2015 China Business Summit. Not because it was the most popular word of 2014 and business people were all in the trend, but because it was consensually agreed that culture matters in cross-cultural business. Culture is a big, vague and elusive term. What exactly does the term imply? Some say culture …
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Changing China’s child policies will only benefit dairy briefly
By Keith Woodford – interest.co.nz Keith Woodford said changing China’s child policies would only benefit dairy briefly. Tourism & old-age products are where big changes will occur China’s recently announced change from a one-child to a two-child policy has led to considerable media comment, including from our own Prime Minister at the New Zealand China Business Summit on 9 November …
Read More »Making the most from Chinese investment in New Zealand
By Bill Bennett Pengxin International director Terry Lee said at the 2015 China Business Summit that revisiting the government veto of his company’s attempt to buy Lochinver was critical. Lee maintained the process was unbalanced and flawed. “We need clarity, consistency and speed. We need to reduce risks for investors. In our case we came up against tailor-made conditions.” Lee …
Read More »Changing the China game
After years of high-speed economic growth, China moved down a gear. This created concern in some circles, yet as session moderator Minter Ellison Rudd Watts chair Cathy Quinn noted: both Air New Zealand (then) CEO Christopher Luxon and Fonterra (then) CEO Theo Spierings thought any negativity was overdone. Instead, they were tuning their strategies to meet the challenge of a …
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