New Zealand stands to gain from Australia’s loss in China
Li Xuanmin and Qi Xijia Published: May 12, 2021 08:53 PM
A man walks along a wharf in Wellington, capital of New Zealand, on September 22, 2020. Photo: Xinhua
New Zealand has been charting a very positive and clear path in relation to China, in stark contrast to Australia s hostile actions, which could result in major gains for New Zealand products and services in the Chinese market as Australia stands to lose, according to Chinese and New Zealand trade representatives.
The lift in New Zealand s exports, with their quality in some cases outperforming that of goods from Australia, would gradually erode the shares of products from Australia - a very similar economy - in the Chinese market. Specifically, New Zealand is likely to see increasing demand from Chinese consumers in such sectors as health, dairy, meat and horticulture in the near term amid warming ties.
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