Today brought a visit from China's President and two new signs of China's growing interest in New Zealand.

President Xi Jinping is the second-most powerful man in the world. He is touring with a 160-person entourage, two VIP planes, 10 government ministers and two presidenti

Today brought a visit from China's President and two new signs of China's growing interest in New Zealand.

President Xi Jinping is the second-most powerful man in the world. He is touring with a 160-person entourage, two VIP planes, 10 government ministers and two presidential cars flown in especially from Beijing.

The press conference was China-style – no questions from New Zealand media allowed.

The state-run People's Bank of China is set to open an Auckland branch and is pushing a plan allowing Chinese to further invest in the residential housing market.

Prime Minister John Key does not see any need for further restrictions on Chinese investment yet.

"We've got a lot of room yet before we get anywhere near feeling uncomfortable," he says.
al cars flown in especially from Beijing.

The press conference was China-style – no questions from New Zealand media allowed.

The state-run People's Bank of China is set to open an Auckland branch and is pushing a plan allowing Chinese to further invest in the residential housing market.

Prime Minister John Key does not see any need for further restrictions on Chinese investment yet.

"We've got a lot of room yet before we get anywhere near feeling uncomfortable," he says.
 

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