Now the Chinese premier is going to visit New Zealand. It's the first time since twenty seventeen. We spoke to Trade Minister Tod McLay about it earlier and right now. En Zigny's business commentator Franoe Sullivan's with that's hello, fran good evening. How significant do you think this is?

Now the Chinese premier is going to visit New Zealand. It's the first time since twenty seventeen. We spoke to Trade Minister Tod McLay about it earlier and right now. En Zigny's business commentator Franoe Sullivan's with that's hello, fran good evening. How significant do you think this is?

Well, it's very significant us for the very reason you said there hasn't been a visit for a very long time. More particularly, I mean really really that he's coming here because he's also going to Australia and essentially they've warmed that relationship up a bit now and the coercive behavior that China was exhibiting towards Australia has pretty much stopped and normal trade has resumed. And that's been something which has happened under alban Easy. We haven't had anything like that in our own relationship with China. We've been quite careful, we do. Over the last few years we've taken a much more robust approach and talked more openly about the things that concern New Zealand res of China's behavior, for instance in the South China Sea, and more recently you know, issues around orcus where essentially the government and is sort of has taken the view that it will make its own mind what does in New Zealand security interests and so it's much more plain speaking now and it's taken China a while to get used to that, and you know it's going to be interesting. I'm picking it will be a pretty constructive visit though. I mean, you know, they'll have.

Well, it's very significant us for the very reason you said there hasn't been a visit for a very long time. More particularly, I mean really really that he's coming here because he's also going to Australia and essentially they've warmed that relationship up a bit now and the coercive behavior that China was exhibiting towards Australia has pretty much stopped and normal trade has resumed. And that's been something which has happened under alban Easy. We haven't had anything like that in our own relationship with China. We've been quite careful, we do. Over the last few years we've taken a much more robust approach and talked more openly about the things that concern New Zealand res of China's behavior, for instance in the South China Sea, and more recently you know, issues around orcus where essentially the government and is sort of has taken the view that it will make its own mind what does in New Zealand security interests and so it's much more plain speaking now and it's taken China a while to get used to that, and you know it's going to be interesting. I'm picking it will be a pretty constructive visit though. I mean, you know, they'll have.

One of the things round that we need more than anything right now is investment in this country. Right Is there a direct line between somebody like him turning up and businesses in China seeing yep, it's a stable relationship and therefore investing in us.

One of the things round that we need more than anything right now is investment in this country. Right Is there a direct line between somebody like him turning up and businesses in China seeing yep, it's a stable relationship and therefore investing in us.

Well, I think that that is very much part of it, and there will be business optimism as a result of this. It's not so much China investing in here. It's more China buying our goods. That's the big thing. We do actually haveinancial Chinese investment in New Zealand, and a lot of the Chinese investment is sort of staying home at the moment because things have been pretty pinched there and people have got overstretched with some of the large companies. So you know, that sort of hauled back of it. And one of the things China does want it is much more streamline investment. It will want to know, for instance, you know how the government would apply a security lens to any application by a major China company to perhaps come and here be enrolled with energy or whatever, something which could significantly have a major impact in New Zealand. So these are the things that behind scenes we talked about. But we do expect the comprehensive strategic partnership will be upgraded than the movements on services trade trying to wants faster visa entry. I mean it's painfully slow and it's actually hindering tourism and New Zealand as well. So there's a range of things. But after very very long time, and also after having had the COVID period as well, it's good to get this going too.

Well, I think that that is very much part of it, and there will be business optimism as a result of this. It's not so much China investing in here. It's more China buying our goods. That's the big thing. We do actually haveinancial Chinese investment in New Zealand, and a lot of the Chinese investment is sort of staying home at the moment because things have been pretty pinched there and people have got overstretched with some of the large companies. So you know, that sort of hauled back of it. And one of the things China does want it is much more streamline investment. It will want to know, for instance, you know how the government would apply a security lens to any application by a major China company to perhaps come and here be enrolled with energy or whatever, something which could significantly have a major impact in New Zealand. So these are the things that behind scenes we talked about. But we do expect the comprehensive strategic partnership will be upgraded than the movements on services trade trying to wants faster visa entry. I mean it's painfully slow and it's actually hindering tourism and New Zealand as well. So there's a range of things. But after very very long time, and also after having had the COVID period as well, it's good to get this going too.

Right.

Right.

There's a lot of tension out there as no in the Pacific, and we're part of that as well. Yeah, I think, you know, hopefully the spy is a few more years, a lot of peace.

There's a lot of tension out there as no in the Pacific, and we're part of that as well. Yeah, I think, you know, hopefully the spy is a few more years, a lot of peace.

Yeah, dialogue is better than no dialogue. Hey friend, Thank you very much as always, friend of Sullivan in Zimy's Business Commentators for more from Hither Duplessy Allen Drive.

Yeah, dialogue is better than no dialogue. Hey friend, Thank you very much as always, friend of Sullivan in Zimy's Business Commentators for more from Hither Duplessy Allen Drive.

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