(Ever)Grande old China and little New Zealand

China has become a posterchild for developing nations and having lifted hundreds of millions of people out of poverty, you can see why. Despite its authoritarian-style rule and being a greater champion of the state than the individual, China’s economy has done extremely well after adopting a more open economy and market-driven principals in the late 1970s. How long can this dream run for China’s “socialist market economy” go on for?

Expanding export opportunities in the UK

The free trade agreement signed earlier this month between New Zealand and the United Kingdom will open up huge opportunities for local exporters. The Free Trade Agreement (FTA) will eliminate all tariffs on New Zealand exports, with 97% of them being removed the day the FTA comes into force. Although, the government estimates the FTA will boost GDP by $1b we have used our Export Market Finder tool to identify some of the top opportunities for New Zealand exporters.

Chart of the Month: Could New Zealand’s chocolate sector expand?

With Easter occurring later this week, there’s an increased interest in all things chocolate. In the March 2021 Chart of the Month, we wanted to dive into the numbers and see where Sunday’s easter egg hunt might have originated from, where we make our local chocolate, and where it might eventually end up (aside from our stomachs).

The world still needs to eat

Although the movement of people across the globe has come to a near standstill, New Zealand’s exports mean that we still have a large connection to the outside world. Revenue from goods exports are income for many New Zealanders and have thankfully been quite resilient to the effects of COVID-19. It’s hard finding cheerful good news stories during a global pandemic and subsequent global recession.