'Ongoing disruption' a reason to deepen China trade ties - Luxon
New Zealand Prime Minister Christopher Luxon advocates for strengthening trade ties with China despite global economic fragmentation. He emphasizes the need for Kiwi businesses to focus on premiumization and innovation to navigate shifting supply chains.
Why it matters
The statement highlights the delicate balancing act small nations face in maintaining economic relationships with China amidst rising geopolitical tensions.
Prime Minister Christopher Luxon says New Zealand must deepen its trade ties with China as the world enters "an era of ongoing disruption".
Reports on government policy and business strategy without taking a stance on the geopolitical implications.
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