NZ should remember ‘four firsts’ for Chinese puzzle
By Peter Kerr for sticK
(sticK - Oct. 27 2010 ) Kiwi companies entering the Middle King should become familiar with New Zealand’s economic and political history with China, especially our track record of initiatives according to David Mahon.
“New Zealanders must endeavour to see the larger picture of poverty and struggle that drive billions of human beings in Asia,” says the ex-pat, Beijing based head of Mahon China Investment Management Ltd. “New Zealanders tend to measure the world against their own rarified and very privileged society. This produces tunnel vision.”
Mahon warns that New Zealand is
squandering the chance to convert an historic political
partnership into major economic gains. An added danger would
be allowing China’s demand for commodities push us to
concentrate too heavily on these, instead of diversified
value-added technologies, products and services.
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