Beijing Pact Signed

New Zealand is the world’s first developed country to sign a free-trade deal with China. “It’s a bit like getting the first date with the best-looking girl on the block,” says Stuart Ferguson, chairman of the New Zealand-China Trade Association: in this case, ahead of suitors Australia, Norway and India. Dairy and timber exporters are expected to profit most, but manufacturers like white-goods maker Fisher & Paykel and fashion house Icebreaker also stand to gain from easier access to China’s low-cost factories as well as to its fast-growing middle class. Chinese Premier Wen Jiabao described the occasion as “a day of historical significance”.


Tags: Beijing pact  New Zealand-China Free Trade Agreement  Time Magazine  

Innovative New Zealanders on Forbes Under 30 List

Innovative New Zealanders on Forbes Under 30 List

Four young New Zealanders have made this year’s Forbes 30 Under 30 Asia list. They are: founder of the Conversion Therapy Action Group Shaneel Lal, 21; Emily Au-Young, 29, co-founder of…