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 …
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Romance focus for Chinese travellers
By Grant Bradley – NZ Herald Air New Zealand chief executive Christopher Luxon says his airline’s marketing in China aims to portray this country as romantic and an ideal destination for families. He said his airline had just enjoyed its best ever performance in China in the past year, despite increased competition and an economic slowdown there. Air New Zealand …
Read More »Air New Zealand’s romantic lure for tourists
By Grant Bradley – NZ Herald Air New Zealand chief executive Christopher Luxon says his airline’s marketing in China aims to portray this country as romantic and an ideal destination for families. He said his airline had just enjoyed its best ever performance in China in the past year, despite increased competition and an economic slowdown there. Air New Zealand …
Read More »New Zealand China expert warns on growth
By Christopher Adams – NZ Herald Beijing-based investment advisor David Mahon delivered a sobering message to today’s China Business Summit – prepare for more bad news about the Chinese economy. The New Zealander, who has lived in China since 1984, said the world’s most populous nation was heading into a difficult couple of years. Chinese economic growth – which has …
Read More »Pengxin not over Lochinver
By Christopher Adams – NZ Herald China’s Shanghai Pengxin hasn’t completely given up hope of buying Lochinver Station, despite the Central North Island property having been sold to another company. In September government ministers declined an application by Pengxin subsidiary Pure 100 Farm to buy the 13,843ha sheep and beef station near Taupo, saying the benefits to New Zealand were …
Read More »PM defends decision to block sale of Lochinver
By Bernard Hickey – interest.co.nz PM defends decision to block sale of Lochinver to Shanghai Pengxin; says decision not political; ministers made independent decisions; says public debate over foreign land sales not hurting National in polls. Prime Minister John Key has defended the decision by two of his ministers to reject the sale of the Lochinver Station near Taupo to …
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 …
Read More »EU threat to NZ China dairy trade
By Christopher Adams – NZ Herald Fonterra chief executive Theo Spierings says losing Chinese market share to European dairy competitors is a concern for New Zealand. Addressing the China Business Summit in Auckland this morning, he outlined the dairy giant’s five-year plan in the world’s second-biggest economy. Spierings said Fonterra was aiming to grow its business in China from around …
Read More »2015 Full Programme
China Business Summit 2015: Game Changers 9 November 2015 7.00 – 8.00am Registration & Coffee 8.00 – 8.45am Scene-Setting & Big Picture for the Summit (Light Breakfast) Fran O’Sullivan (Co-chair), Managing Director, NZ INC. Michael Barnett (Co-chair), CEO, Auckland Chamber of Commerce RT HON JOHN KEY, Prime Minister His Excellency Wang Lutong, Ambassador to New Zealand 8.45 – 9.45am Session …
Read More »China Business Summit: Innovation key to Auckland’s growth
Brett O’Riley is adamant that innovation will be a key element of Auckland ‘s new global brand narrative. The chief executive of Auckland’s economic development agency Ateed has set a goal for Auckland to be world-leading advanced industries city by 2020 as measured by the Brookings Institution. A key element in that strategy is the agreement Ateed’s O’Riley forged with …
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