Latest news with #CookIslands
NHK
4 hours ago
- Business
- NHK
New Zealand, China leaders affirm importance of economic ties
The leaders of New Zealand and China have affirmed the importance of their country's economic ties. Prime Minister Christopher Luxon met with Chinese President Xi Jinping on Friday in Beijing. This is Luxon's first visit to China since he took office in November 2023. Luxon said he wants to maintain healthy trade ties with China, which is his country's largest trading partner. He cited education and tourism as areas for cooperation. Meanwhile, Xi noted the two nations share a long relationship that has delivered tangible benefits to both sides. But differences remain between the two countries. China has been lobbying New Zealand in its efforts to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership or CPTPP. New Zealand is already a signatory of the pact, but China's move puts it in a difficult position as other members have reportedly raised concerns Beijing cannot meet the agreement's high standards. The meeting also came one day after New Zealand announced it will halt millions of dollars in financial aid to the Cook Islands. The island chain signed a strategic partnership agreement with China without telling New Zealand. The two Pacific nations are obliged to consult each other on defense and security matters.
South China Morning Post
5 hours ago
- Business
- South China Morning Post
China, New Zealand have ‘no conflict of interest', Xi Jinping tells Christopher Luxon
China has 'no fundamental conflict of interest' with New Zealand , President Xi Jinping told New Zealand Prime Minister Christopher Luxon in Beijing on Friday while calling for the constructive management of differences. 'Both sides should adhere to mutual respect, seek common ground while acknowledging differences, and correctly view and manage their differences and disagreements,' Xi was quoted as saying by Chinese state broadcaster CCTV. Just ahead of Luxon's arrival in the Chinese capital late on Thursday, Wellington announced that it was suspending funding to the Cook Islands over the Pacific archipelago's deepening ties with Beijing. 'China and New Zealand have no historical grievances or fundamental conflicts of interest,' Xi told Luxon, adding that cooperation should be accorded 'a more prominent position' in the relationship. He also called for the two countries to leverage their complementary strengths to deepen trade and investment ties. 'We should also explore potential for collaboration in technological innovation, climate change and infrastructure development,' Xi said.
Yahoo
10 hours ago
- Business
- Yahoo
New Zealand Prime Minister Luxon talks trade in meeting with China's Xi
BEIJING (AP) — The prime minister of New Zealand stressed the importance of his country's trade ties with China in a meeting with Chinese leader Xi Jinping on Friday. Christopher Luxon, on his first visit to China since becoming prime minister in late 2023, flew to Beijing after two days of meetings with officials and business leaders in Shanghai, China's commercial center. He wants to maintain healthy trade relations with China, an important market for New Zealand products, despite differences over regional and global security issues and China's growing divide with the United States. 'Our trade and economic links are complementary and contribute to prosperity in both countries,' he was quoted as saying in a news release following his meeting with Xi. Luxon said he raised the necessity of reducing tensions in the Indo-Pacific region and the importance of what he called 'the key role' that China can play in helping to resolve global challenges such as the war in Ukraine. 'In a complex world, open dialogue is more important than ever,' Luxon said in a post about the meeting on X. His exchange with Xi came one day after revelations that New Zealand had suspended millions of dollars in aid to the Cook Islands over concerns about the latter's deepening ties with China. China accounts for more than 20% of New Zealand's exports of goods and services.
Washington Post
10 hours ago
- Business
- Washington Post
New Zealand Prime Minister Luxon talks trade in meeting with China's Xi
BEIJING — The prime minister of New Zealand stressed the importance of his country's trade ties with China in a meeting with Chinese leader Xi Jinping on Friday. Christopher Luxon, on his first visit to China since becoming prime minister in late 2023, flew to Beijing after two days of meetings with officials and business leaders in Shanghai, China's commercial center. He wants to maintain healthy trade relations with China, an important market for New Zealand products, despite differences over regional and global security issues and China's growing divide with the United States. 'Our trade and economic links are complementary and contribute to prosperity in both countries,' he was quoted as saying in a news release following his meeting with Xi. Luxon said he raised the necessity of reducing tensions in the Indo-Pacific region and the importance of what he called 'the key role' that China can play in helping to resolve global challenges such as the war in Ukraine . 'In a complex world, open dialogue is more important than ever,' Luxon said in a post about the meeting on X. His exchange with Xi came one day after revelations that New Zealand had suspended millions of dollars in aid to the Cook Islands over concerns about the latter's deepening ties with China. China accounts for more than 20% of New Zealand's exports of goods and services.
Yahoo
10 hours ago
- Business
- Yahoo
New Zealand Prime Minister Luxon talks trade in meeting with China's Xi
BEIJING (AP) — The prime minister of New Zealand stressed the importance of his country's trade ties with China in a meeting with Chinese leader Xi Jinping on Friday. Christopher Luxon, on his first visit to China since becoming prime minister in late 2023, flew to Beijing after two days of meetings with officials and business leaders in Shanghai, China's commercial center. He wants to maintain healthy trade relations with China, an important market for New Zealand products, despite differences over regional and global security issues and China's growing divide with the United States. 'Our trade and economic links are complementary and contribute to prosperity in both countries,' he was quoted as saying in a news release following his meeting with Xi. Luxon said he raised the necessity of reducing tensions in the Indo-Pacific region and the importance of what he called 'the key role' that China can play in helping to resolve global challenges such as the war in Ukraine. 'In a complex world, open dialogue is more important than ever,' Luxon said in a post about the meeting on X. His exchange with Xi came one day after revelations that New Zealand had suspended millions of dollars in aid to the Cook Islands over concerns about the latter's deepening ties with China. China accounts for more than 20% of New Zealand's exports of goods and services. The Associated Press Sign in to access your portfolio
