Personally can’t get excited by FTA. NZ needs China far more than they need us.
Like Australia, China is by far our biggest export market and without them we’d fall into the financial abyss.
China knows this so I’m sure whatever is in the FTA will benefit them more than us and if they don’t play by the rules they know we are in a weak position to do anything about it.
As nations we should never have put so many of our eggs in the same basket and in doing so give away our sovereignty.
In regard to A2m, yes FTA should reduce our tarifs and tax and speed up deliveries, however the most important agreements we have are our exclusive distribution agreement with China State Farms and production agreement with Synlait Milk whose biggest shareholder is China’a Bright Diary.
As long as we have these, then it’s in China’s interest for us to be successful.
Personally can’t get excited by FTA. NZ needs China far more...
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Last
$6.77 |
Change
0.130(1.96%) |
Mkt cap ! $4.894B | |||
| Open | High | Low | Value | Volume |
| $6.63 | $6.77 | $6.63 | $10.00M | 1.485M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2420 | $6.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.77 | 37726 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| A2M (ASX) Chart |