their production capacities to build respiratory devices, ventilators, and other personal protective equipment products.
These brands enjoy a global technology edge, smart niche positioning and reputations for innovation. We need more of these inside a trans-Tasman trade and manufacturing bubble.Key to successful regional integration will be the pooling of research and development resources, mutual direct investment, subsidising R&D and manufacturing in emerging markets with profits from another , and value-adding specialisation in the supply chain.
None of this means cutting ties with China, which will remain the main importer of primary produce and food products from Australasia for the foreseeable future. And Chinese exports will still be vital. Fisher & Paykel Healthcare sells its products in about 120 countries, for example, but some of its key raw materials suppliers are Chinese.
Getting this dynamic balancing right will be key to Australia and New Zealand prospering in the inevitably uncertain — even divided — post-pandemic global business environment. And you never know, maybe one day we'll see a "made in Australia and New Zealand" label in the aisles of The Warehouse and Bunnings.
Hongzhi Gao is an associate professor at Te Herenga Waka/Victoria University of Wellington and Monica Ren is a lecturer/assistant professor at Macquarie University. This article originally appeared on
Haven’t read the story but the idea is great! We can get all the companies that ask for and get tax payer handouts whilst moving their production to China, to move to New Zealand.
What does Australia always need? What do Australians always need? What have they always needed? Australia needs water and Aussies need jobs . . . and we’ve got a shortage of both!
Reduce dependence on China by a hair. Both countries need China as a customer for our dirt to keep our current living standards.
Sounds like they have learned nothing from this pandemic. Shouldn't really surprise anyone.
Good idea, I'd also like to see South Korea, India, Papua New Guinea, Taiwan, India and Japan. With all the innovation and future manufacturing capabilities in these countries it could be a superpower to rival China and the European Union.
Why China or Chinese on breaking news everyday?!
Yes Australia is to dependent on china we need to move away from that's and start to manufacture product in Australia for the people who lost their jobs and get the country going again and put big tariff on china goods
Full of craps! New Zealand's market is nowhere near even one of the 34 Chinese provinces. Like it or not, China is the Middle Kingdom! The one party ruled system has a lot of benefits, too. The most important is that most Chinese people are working hard to achieve more!
After what we have witnessed lately I would say China owns us. Better buy ourselves back and soon.
Uh?
“Slaps that fkn smirk “ of his fkn face
Way overdue! Time to reduce our dependence on China by 80%. You tell them PaulineHansonOz !
We have the resources other countries are dependant on us when r these propaganda media fools going to pick this up. These countries will always end up coming to us as Mars is to far away, that’s what makes us rich not to giveaway to get immediate wealth as we r doing auspol
WHO WOULD TRUST ADERN NOT ME
Stop, you'll hurt Twiggy's feelings
TASMAN GANG TASMAN GANG.
Just wanna know why the ABC News looks such stupid?... Why always anti-china?... While almost every Australians i met is so friendly, Why the official media was so discrimination?
No matter how Au politicians play, at the end Au is unable to survive without China. This is reality, sorry Aussie
Fix that?... Seriously? Don't be so dumb...
Trans tas bubble? No I think we can reach far greater than that whilst moving away from China. NZ has its own issues with China , many of them.
And the countries that have eliminated the virus won't allow Australians to visit unless we have eliminated too. Time for Scotty to practice that Leadership stuff again (and hopefully pass the test this time).
China has over 1.6 billion people and NZ has under 8 million people.
Quite stupid headline. How can an adult write such thing? You are not a 4 years old kid, right?
Articles like this is not even worth reading
Won't work. AU and NZ are in competition in many fields like agriculture and tourism. And neither country is large enough to be a viable replacement of China as a market. Not even close. In fact China was not the real market or a factory, it was merely a proxy of the US.
this comes across as wonderfully fluffy. Wage costs & currencies aren't mentioned at all. Nor is limited Chinese labour rights. Since Tianenmen cheap Chinese exports have been allowed to flood the world without much thought for workers elsewhere. Can we really reverse?
Well, eureka, our illustrious politicians have at last woken up that we are pawns to the Chinese. When are they going to fix this disaster?
That's like implying AFL can supply the same global options as soccer... Yeah - nah. Me'thinks not.
The mining sector won’t allow their government puppets to stop trading with China.
Yeah stop buying of these chinks, they've ruined are economy.
Australia has had too many eggs in one basket for too long. Time to concentrate on self sufficiency as well as trade with respectable countries.
O yes..New Zealand can spend 131 billion on Australian goods
lest we forget, the virus that changed the world,forever, was made in china.
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United States and Communist China ‘set to face off’ on COVID-19 investigations | Sky News AustraliaTensions are set to become inflamed between Washington and Beijing which simply denotes communist China must “come clean (and) admit the source of the virus” and allow an independent investigation to take place says Sky News host Chris Kenny. \n\nUS Secretary of State Mike Pompeo has recently produced a scathing assessment of China and its questionable practices in the field of medical research, stating the communist superpower had a history of 'infecting the world' and 'running sub-standard laboratories'.\n\nHe also claimed there was a 'significant amount of evidence' COVID-19 originated from a Chinese lab and not wet markets from Wuhan. \n\n“We need more international pressure on China, and now in the US, the secretary of state has gone a step further than supporting an investigation,” Mr Kenny said. \n\nMr Kenny said China has engaged in “nasty, threatening and over the top reactions to all of this” as calls for an independent investigation into the pandemic continue to amplify. \n\nImage: AP Sky news is repulsive. I really hope you go bankrupt. When start blaming somebody all you are doing is highlighting your own deficiencies. If it was a financial thing thing then we should start suing the US for the GFC. I'm just wonderinghhow would the today's world leaders respond to the pandemic if it happened in Soviet Union under LeonidBrezhnev?
Source: SkyNewsAust - 🏆 7. / 78 Read more »