New Zealand in the World. Major risks and opportunities in New Zealand's relationship with China

Research Paper (undergraduate) from the year 2018 in the subject Economics - International Economic Relations, , course: INTP 244, language: English, abstract: 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.