New Zealand to Seek Trade Diversity as China Slows, Hipkins Says

New Zealand’s government plans to focus on trade diversification to help insulate its economy from the slowdown in key trading partner China, Prime Minister Chris Hipkins said.

“The slower than expected recovery in the Chinese economy has had an impact on New Zealand,” Hipkins told Bloomberg Television in Auckland Wednesday. “That is one of the reasons our government has been very focused on trade diversification.”