China is changing the world economy as currently ranking the top trading partner in most developing countries. The impact of China’s rise in the global economy and Asia-Pacific regional order mean China is likely to become the global post-American hegemony. That might be nightmares for New Zealand that China’s assertion of its power is likely to be accompanied by an extension of its major preoccupation and influencing with New Zealand’s economic, political and strategic interests. New Zealand’s policy-makers should bear in mind for this trajectory of China’s power for the next five years or more. Because of both its wealth and external interests expand generate China’s economy will continue to grow strongly, resulting in significant challenges for leaders to negotiate.
Table of Contents
- Background (The Early Beginning)
- Introduction
- China's Economic Globalisation and Its Influence on New Zealand
- China's Regional and Strategic concerns: Impact on NZ regional strategy
Objectives and Key Themes
This paper aims to analyze the multifaceted relationship between New Zealand and China, focusing on the impact of China's economic globalization and regional strategic concerns on New Zealand's economic, political, and strategic interests. The analysis considers the historical context of the relationship and explores the opportunities and challenges presented by China's rising global power.
- Historical development of New Zealand-China relations
- Impact of China's economic globalization on New Zealand
- China's regional strategic objectives and their influence on New Zealand
- The asymmetrical nature of the New Zealand-China economic relationship
- New Zealand's regional strategy in the Asia-Pacific context
Chapter Summaries
Background (The Early Beginning): This section details the early stages of the New Zealand-China relationship, beginning with formal recognition in 1972. It highlights several "firsts" for New Zealand in its dealings with China, including being the first Western nation to agree to bilateral terms for China's WTO accession, the first to recognize China's market economy status, and the first developed country to sign a comprehensive FTA with China. These early interactions laid the groundwork for the robust economic ties that would develop later.
Introduction: The introduction provides an overview of the strong economic ties between New Zealand and China, partially attributed to improved relations with the United States following the nuclear-weapon ban. It emphasizes China's growing global influence and its potential impact on New Zealand's economic, political, and strategic interests. The paper outlines three key areas of focus: China's economic globalization's impact, China's regional strategic concerns and their effect on New Zealand's regional strategy (particularly in the Asia-Pacific region and ASEAN), and the advantages and disadvantages of China's rising power for New Zealand.
China's Economic Globalisation and Its Influence on New Zealand: This chapter explores the significant, albeit asymmetrical, economic relationship between New Zealand and China. It discusses China's role as a champion of free trade and its influence on New Zealand's economy, both directly through trade and indirectly through its impact on other trading partners. The chapter highlights how China's economic growth has influenced global commodity prices, benefiting New Zealand's terms of trade due to the structure of its exports and imports. The One Belt One Road initiative is mentioned as an example of China's large-scale economic projects and their potential global impact. The chapter also analyzes the Reserve Bank of New Zealand's assessment of China's indirect influence on the country's economic relations.
China's Regional and Strategic concerns: Impact on NZ regional strategy: This section examines China's regional strategy within the Asia-Pacific context, emphasizing its focus on maintaining peace and stability to facilitate domestic modernization and regional integration. It contrasts this with New Zealand's regional strategy, which prioritizes regional integration in Asia, leadership diplomacy, and strong engagement with key players like China and India, and its deep relationship with ASEAN. The chapter explores the intersection of these strategies, highlighting the increasing importance of engagement between New Zealand and key North Asian economic powers like China, Japan and South Korea.
Keywords
New Zealand, China, bilateral relations, economic globalization, regional strategy, Asia-Pacific, ASEAN, free trade agreement (FTA), World Trade Organization (WTO), One Belt One Road Initiative, asymmetrical economic relationship, geopolitical influence, regional stability.
Frequently Asked Questions: A Comprehensive Language Preview of New Zealand-China Relations
What is the main focus of this paper?
This paper analyzes the multifaceted relationship between New Zealand and China, focusing on the impact of China's economic globalization and regional strategic concerns on New Zealand's economic, political, and strategic interests. It considers the historical context and explores opportunities and challenges presented by China's rising global power.
What are the key themes explored in the paper?
Key themes include the historical development of New Zealand-China relations, the impact of China's economic globalization on New Zealand, China's regional strategic objectives and their influence on New Zealand, the asymmetrical nature of the New Zealand-China economic relationship, and New Zealand's regional strategy in the Asia-Pacific context.
What is covered in the "Background" section?
This section details the early stages of the New Zealand-China relationship, starting with formal recognition in 1972. It highlights New Zealand's early achievements in its dealings with China, such as being the first Western nation to agree to bilateral terms for China's WTO accession and the first to sign a comprehensive FTA with China.
What does the introduction cover?
The introduction provides an overview of the strong economic ties between New Zealand and China, partially attributed to improved relations with the United States. It emphasizes China's growing global influence and its potential impact on New Zealand's economic, political, and strategic interests. Three key areas of focus are outlined: China's economic globalization's impact, China's regional strategic concerns, and the advantages and disadvantages of China's rising power for New Zealand.
What is discussed in the chapter on "China's Economic Globalization and Its Influence on New Zealand"?
This chapter explores the significant, albeit asymmetrical, economic relationship between the two countries. It discusses China's role as a champion of free trade and its influence on New Zealand's economy, both directly through trade and indirectly through its impact on other trading partners. The impact of China's economic growth on global commodity prices and the One Belt One Road initiative are also discussed.
What is the focus of the chapter on "China's Regional and Strategic Concerns: Impact on NZ Regional Strategy"?
This section examines China's regional strategy within the Asia-Pacific context, focusing on maintaining peace and stability. It contrasts this with New Zealand's regional strategy, which prioritizes regional integration in Asia, leadership diplomacy, and strong engagement with key players like China and India, and its relationship with ASEAN. The intersection of these strategies and the importance of engagement with North Asian economic powers are highlighted.
What keywords are associated with this paper?
Keywords include New Zealand, China, bilateral relations, economic globalization, regional strategy, Asia-Pacific, ASEAN, free trade agreement (FTA), World Trade Organization (WTO), One Belt One Road Initiative, asymmetrical economic relationship, geopolitical influence, and regional stability.
What is the overall purpose of this document?
This document provides a comprehensive preview of a paper analyzing the complex relationship between New Zealand and China, offering a structured overview of its contents including objectives, key themes, chapter summaries, and keywords. It is intended for academic use and the analysis of themes.
- Citar trabajo
- Daniel Za (Autor), 2018, New Zealand in the World. Major risks and opportunities in New Zealand's relationship with China, Múnich, GRIN Verlag, https://www.grin.com/document/494467
