Tag Archives: China

New Zealand export log prices edged up in November although demand from China, the country’s largest market, is likely to remain subdued until the second quarter of next year. The average wharf gate price for New Zealand A-grade logs rose to $98.1 a tonne, from a revised $96.3 a tonne in October, according to Agrifax’s monthly survey of exporters, forest …

NZX, New Zealand’s stock market operator, has signed a memorandum of understanding with the Bank of China to develop financial products, with a focus on the agricultural sector and capital markets. The deal will see the stock market operator and one of China largest state-owned commercial banks develop and promote products to both New Zealand and Chinese customers, the Wellington-based company said in a …

A2 Milk Co has agreed to make China State Farm Holdings Shanghai the sole importer of its a2Platinum infant formula while the milk marketer will take over the distribution in Asia’s largest economy. Under the deal, CSF will exclusively import the infant formula and provide government relations and advice, while the Auckland-based company will takeover distribution in China and expand its network, a2 …

Australia’s free trade agreement with China heralds a renewed focus to diversify the country’s economy away from a reliance on mineral exports to soft commodities and intensifies competition in a “hotly contested” market. Australian Prime Minister Tony Abbott labelled the deal between New Zealand’s two-largest trading partners, “at least as good as New Zealand’s” while unnamed government officials said it gives …

The China/Australia Free Trade Agreement, or “CHAfta” as it is being called, gives Australian dairy farmers much better access to the Chinese infant formula market, which they have been beaten out of by the New Zealanders in recent years. Agricultural sector writer Alan Emerson recently noted that in 2009 New Zealand and Australia produced approximately the same amount of milk. …

There can be little doubt that the Australian’s have pulled off a rather remarkable piece of diplomatic manoeuvring to strike what appears to be such a comprehensive and far reaching Free Trade Agreement with the Chinese government. The broadly based FTA includes agreement on areas including Agriculture, Resources, Service industries, Investment and Worker mobility. Few expected anything so extensive or …

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 …

Australia and China have completed free-trade agreement negotiations, in a deal which Australian government sources say secures better access for the country’s dairy exports than New Zealand’s.  Australian trade and investment minister Andrew Robb and Chinese commerce minister Gao Hucheng will sign a declaration of intent this afternoon, after Prime Minister Tony Abbott and President Xi Jinping concluded talks in Canberra, the Australian …

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 …

The pressure will go on Barack Obama today to put his political capital on the line and get Congressional support to close out TPP. The mantra around the Apec meeting earlier today was “the finish line is in sight” when it comes to finalising negotiations on the Trans Pacific Partnership. The chapters of the TPP agreement are in place with …