Free trade with China. What are your thoughts?

[Streetwise]

Hello, As you all no we are about to sign a free trade agreement with china, What are your thought regarding this agreement,

[cowpoos]

fuckin awesome...they will inhale as much commodity products as we can produce....they are an emerging economy....the things they will produce in the future will be alot higher quality than they are now...and free trade means cheaper products for us.....higher prices in return for our exports as we'll have no tarriffs to pay for...

[MisterD]

fuckin awesome...

Should be good for you dairy types f'sure f'sure...

[Marmoot]

First we will be swamped with cheap products.
But then, as China enters free trade with a lot more countries, their production cost will increase (becoming more in par with other countries), and thus their product prices will increase.
The end result, NZ products (which are better quality) will have more sales.

Beneficial.

[madboy]

I think the bastards should bugger off home and stop taking up the carparks outside the Hotel Intercontinental today.

But I can understand that cowpoos could do with some more cash for some cosmetic touch ups.

[Streetwise]

have you though about the job losses, They say that upto 15000 textile workers will be out, Why would they import slop from here when it can be produced there at a 10th of the price. Get with it, They want to offload cheap shit on our shores. We will see very little benifit to our local businesses. Yes we will be able to purchase cheap crap from the warehouse and alike. BUT THERE WILL BE A COST TO JOBS HERE.

[Sniper]

I think I better start up an English tutoring class and make some extra money

[chickenfunkstar]

It'll be bad for our manufacturing sector for sure, but should be good for everyone else.

Farmers and other exporters will get a real boost, firstly from a removal of tarriffs.
Secondly, if there is a massive inflow of cheap goods, our currency will depreciate over time, making it even better for our exporters.

Consumers should benefit from cheaper goods as well.

[Karma]

If it means the sweet and sour pork and noodles is cheaper, then I'm in

[Streetwise]

are you thinking right. BAD for manufacturers, Fuck yea, Local business is going to die. We all will have to shop at the warehouse. all money that is spent will go off shore.

A bonus is that we will all get served by qualified airnz engineers, GO LABOUR

[SimJen]

Its labours easy way of propping up a failing economy.
China is a communist country with massive censorship (even the internet), people disposing of unwanted baby girls in the streets due to their one child policy, massive corruption, lack of space for an ever burgeoning population, not to mention what the cunts did to Tibet....
Its only a matter of time before it all goes tits up....as with everything else the government puts their hands on.

[Streetwise]

Its labours easy way of propping up a failing economy.
China is a communist country with massive censorship (even the internet), people disposing of unwanted baby girls in the streets due to their one child policy, massive corruption, lack of space for an ever burgeoning population, not to mention what the cunts did to Tibet....
Its only a matter of time before it all goes tits up....as with everything else the government puts their hands on.

To true but do we have to be part of it.. funken

[mstriumph]

.......at least YOUR lot haven't agreed to sell 'em uranium

ohhhh yeah - let me see - there's a provisio in the agreement that they don't use it for weaponry [of course, there's NO chance they'll just use it to free up their OWN uranium for weaponry is there? ]

raises imorality to an artform, dunnit?

i despair .................

[Sniper]

To true but do we have to be part of it.. funken

Doesn't seem like you have much choice or say in the matter either way, so how about not insulting Simjen?

[Marmoot]

.......at least YOUR lot haven't agreed to sell 'em uranium

I'm surprised not many people hit that fact
bloody australians......