New Zealand - China
China ‘storm’ could be coming, warns New Zealand minister Nanaia Mahuta
Wellington: New Zealand foreign minister Nanaia Mahuta has warned that her nation might find itself in the heart of a “storm” of anger from China in the upcoming days.
She cautioned that exporters need to diversify to ensure they could survive deteriorating relations with Beijing, reports The Guardian.
The minister made the comment at a time when New Zealand is facing an increasing pressure to take firmer stance on human rights violations and crackdowns by China.
Neighbouring Australia is in a deepening trade war with China, which Mahuta likened to being at the centre of a storm – one which could easily engulf New Zealand, reports The Guardian.
“We cannot ignore, obviously, what’s happening in Australia with their relationship with China. And if they are close to an eye of the storm or in the eye of the storm, we’ve got to legitimately ask ourselves – it may only be a matter of time before the storm gets closer to us,” she told The Guardian.
“The signal I’m sending to exporters is that they need to think about diversification in this context – Covid-19, broadening relationships across our region, and the buffering aspects of if something significant happened with China. Would they be able to withstand the impact?” she asked. China accounts for more than $33bn of New Zealand’s total trade, and nearly 30% of exports.
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