Trade war with China would damage NZ economyChina is central to Zespri's growth plans. A trade dispute would have a significant impact on the industry - it could be devastating," Meat Industry Association trade and economic manager Sirma Karapeeva said. Alliance Group and Chinese company Grand Farm are working together to increase new red meat products going into the Chinese market. In 2015 New Zealand exported $1.55b worth of meat industry products to China. A trade war with China will hit New Zealand hard, as the country has become more reliant on exports to the populous nation in recent years.

Source: Stuff July 18, 2016 05:03 UTC