Tony Alexander

Economic Commentaries

Kiwis Less Relaxed About China

Monday September 2nd 2013

Our feelings of ease about New Zealand’s growing economic dependence upon China have taken a battering this month following the milk powder scare. Whereas for the previous three months a net 44% of respondents to our survey have each month said that they are happy about our economic relationship with China, this month that proportion has dropped to a net 28%. This is still a firmly positive result but the decline provides us with the only evidence of how our thinking as opposed to the thoughts of Chinese may have changed as a result of the poison milk worries.