AGL 35.70 Increased By ▲ 0.95 (2.73%)
AIRLINK 133.50 Decreased By ▼ -2.60 (-1.91%)
BOP 4.97 Decreased By ▼ -0.07 (-1.39%)
CNERGY 4.03 Decreased By ▼ -0.12 (-2.89%)
DCL 8.42 Decreased By ▼ -0.18 (-2.09%)
DFML 47.40 Decreased By ▼ -1.53 (-3.13%)
DGKC 75.00 Decreased By ▼ -0.75 (-0.99%)
FCCL 24.25 Increased By ▲ 0.06 (0.25%)
FFBL 46.00 No Change ▼ 0.00 (0%)
FFL 8.93 Decreased By ▼ -0.12 (-1.33%)
HUBC 154.10 Increased By ▲ 1.25 (0.82%)
HUMNL 11.00 Increased By ▲ 0.23 (2.14%)
KEL 4.06 Increased By ▲ 0.04 (1%)
KOSM 8.88 Decreased By ▼ -0.01 (-0.11%)
MLCF 32.75 Decreased By ▼ -0.26 (-0.79%)
NBP 57.80 Decreased By ▼ -0.10 (-0.17%)
OGDC 142.80 Increased By ▲ 1.50 (1.06%)
PAEL 26.01 Increased By ▲ 0.31 (1.21%)
PIBTL 5.92 Decreased By ▼ -0.12 (-1.99%)
PPL 114.60 Decreased By ▼ -0.10 (-0.09%)
PRL 24.15 Decreased By ▼ -0.10 (-0.41%)
PTC 11.47 Decreased By ▼ -0.06 (-0.52%)
SEARL 58.00 Increased By ▲ 0.50 (0.87%)
TELE 7.71 Decreased By ▼ -0.04 (-0.52%)
TOMCL 41.14 Increased By ▲ 0.44 (1.08%)
TPLP 8.67 Increased By ▲ 0.09 (1.05%)
TREET 15.08 Increased By ▲ 0.05 (0.33%)
TRG 59.90 Increased By ▲ 5.42 (9.95%)
UNITY 28.00 Decreased By ▼ -0.50 (-1.75%)
WTL 1.35 Decreased By ▼ -0.04 (-2.88%)
BR100 8,460 Increased By 83.9 (1%)
BR30 27,268 Increased By 161.9 (0.6%)
KSE100 80,461 Increased By 970.2 (1.22%)
KSE30 25,468 Increased By 399.6 (1.59%)

WELLINGTON: Chinese Foreign Minister Wang Yi made a rare visit to New Zealand on Monday, stressing the need to work with “friends” in the face of the “tumultuous international situation”.

The trip marks the start of a diplomatic blitz through New Zealand and Australia, Wang’s first visit to either country since 2017.

The whistlestop tour is expected to focus heavily on trade as Beijing looks to lessen the pain from slowing economic growth at home.

Speaking in the capital Wellington before a meeting with his New Zealand counterpart, Wang said the trip was also a chance to shore up diplomatic ties that have come under strain as Beijing adopts an increasingly aggressive stance on issues such as Taiwan and the South China Sea.

“In the face of the current tumultuous international situation, we are willing to strengthen strategic communication with our friends in New Zealand on international and regional issues of common concern,” Wang said.

“And we will work together to maintain peace and stability in the region and the world,” he added before his closed-door meeting with New Zealand Foreign Minister Winston Peters.

New Zealand is part of the Five Eyes intelligence-sharing alliance alongside the United States, Canada, the United Kingdom and Australia.

But Wellington has been criticised for taking a softer line on China – putting its trading relationship ahead of its allies’ security concerns.

China is New Zealand’s largest trading partner, and Chinese consumers have long had an appetite for the country’s meat, wine, milk and wood.

Wang said he believed that “China-New Zealand relations will continue to be at the forefront of China’s relations with developed countries”.

“The relationship between us has developed smoothly and well,” he said.

Later this week, Wang will meet Australian Foreign Minister Penny Wong in Canberra.

China’s FM heads to Australia, New Zealand

China and Australia have recently resolved a series of simmering trade disputes that saw Beijing impose tariffs and trade barriers on key exports in 2020, retaliating after Canberra barred Huawei from 5G contracts and called for a probe into the origins of Covid-19.

But the two nations continue to spar over human rights and Beijing’s growing clout in the Pacific region.

Comments

Comments are closed.

test Mar 18, 2024 04:40pm
China should know that dealing with anglosaxon & europeans is a bit difficult because of western hegemonic agenda. China need to focus on the internationalization of yuan and local critical industries
thumb_up Recommended (0)
test Mar 18, 2024 04:41pm
China is already manufacturing chips, aircrafts, weapons, vehicles, computers, smartphones, electronics, medical machine, electrical appliances, metals, chemicals, medicines. You name it China make it
thumb_up Recommended (0)
test Mar 18, 2024 04:44pm
China has few weaknesses like their currency yuan is not the reserve currency of the world. They are relying on euv machines from europe to manufacture chips. They are depending on developed markets.
thumb_up Recommended (0)