China

New Zealand scientist receives top award in China

Kiwi scientist Dr Phil Rolston has been awarded the Chinese Government’s most prestigious science prize for his work in grasslands seed development.  Dr Rolston, Senior Scientist at AgResearch Lincoln, received the award at a ceremony in The Great Hall of the People which was attended by President Xi Jinping, Vice-Premier Li Keqiang, and Minister of Science and Technology Wan Gang. …

Read More »

Synlait Milk talks down threat of dry Canterbury conditions

Synlait Milk, which plans to take a quarter-stake in Sichuan New Hope Nutritional Foods Co to gain a direct interest in a Chinese infant formula brand, has talked down the threat of dry conditions in Canterbury, saying its farmer suppliers have reliable access to irrigation water. The Rakaia-based milk processor hasn’t seen a drop in milk production as parts of …

Read More »

Bank of China Signs Two Major Memoranda with Air New Zealand and NZX

Bank of China (NZ)  signed MOU with two of New Zealand’s best known companies; Air New Zealand and NZX. The signing of the memorandum with NZX was included as part of the official state visit to New Zealand this week by China’s President Xi Jinping. Both the Chinese President and John Key witnessed the signing at a function in Karaka, South Auckland. Bank …

Read More »

Bank of China granted banking licence on eve of Xi visit

The world’s 7th largest bank*, the Bank of China announced that it has been granted its banking licence from the Reserve Bank of  and will formally launch its business at a special ceremony in Auckland on Friday. The granting of the banking licence will allow the Bank of China to meet the growing demand for the significant reciprocal trade opportunities between New Zealand and the People’s …

Read More »

AsureQuality and PwC ink deal with Chinese giant COFCO to help improve China’s food safety

AsureQuality and PwC have inked a deal with  COFCO, China’s largest agricultural and food products supplier, to continually improve China’s food safety and quality. AsureQuality and PwC (China and NZ arms) inked the deal with Cofco this morning (Beijing time) on the side-lines of the 2014 Asia Pacific Economic Cooperation Summit in Beijing. The formal release says: “Drawing on leading …

Read More »

TPP talks at US Embassy in Beijing held under tight security. Surely, they won’t add currency to the mix?

It might be churlish to note that the United States wasn’t making a great deal of the anti-competitive nature of other nation’s currency settings when it was in the thick of quantitative easing That unpalatable truth hasn’t featured at all among the issues up for negotiation during the lengthy Trans Pacific Partnership negotiations. But the Financial Times is reporting that the Obama …

Read More »

Blue Skies in Beijing? Must be Apec in town.

Blue Skies in Beijing again and guaranteed to stay so until the Apec Leaders Jamboree rolls through China’s Capital City. We’re here once again to talk trade; make new business relationships; soak up the trends; gain insights into the progress on TPP and FTAAP; gauge how China is handling the competing trade agendas and see at least 10 Asia Pacific …

Read More »

FT’s Jamil Anderlini on how the Chinese anti-corruption drive has swept to New Zealand

The anti-corruption campaign which has swept across China in the last two years has gone global, as Beijing seeks to enlist the help of western democratic governments in pursuing officials who flee overseas. Underlining Beijing’s rising economic and political clout, Communist party officials have already launched an investigation into assets and individuals based in New Zealand, a country that counts China as …

Read More »

China’s long-heralded crackdown on low-quality coal will knock Australian exports

Australian Treasurer Joe Hockey talks up his country’s potential to be the “world’s number one energy exporter” within the decade but China’s ban on the sale and import of coal with high ash or sulfur content may impact forecast returns. The Chinese Government’s crackdown is in response to the heavy pollution in Shanghai and Beijing and social unrest in many …

Read More »