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Chris Nixon: NZIER Principal Economist on the slowing Chinese investment in NZ
Published 8 months, 1 week ago
Description
Chinese investment in New Zealand is growing, but slowly.
The New Zealand China Council’s annual report shows China ranks 12th as a source of foreign investment in New Zealand, providing less than 1% of total inflows.
Investment grew 9% a year between 2014 and 2024, but has flat lined since 2019.
NZIER Principal Economist Chris Nixon told Ryan Bridge the problem is that investment is a long-term game, so other countries have a greater advantage.
He says we've been trading with China for the last 20 years so it will take time for the relationship to build.
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