China and New Zealand sign upgraded free-trade deal, eliminating nearly all trade tariffs

South China Morning Post published this video item, entitled “China and New Zealand sign upgraded free-trade deal, eliminating nearly all trade tariffs” – below is their description.

Beijing and Wellington signed a deal to upgrade their existing free-trade pact on January 26, 2021. The pact eliminated almost all trade tariffs on New Zealand’s exports, giving the nation greater access to the world’s second-largest economy. China is New Zealand’s largest trading partner, with two-way trade now valued at around NZ$32 billion (US$23 billion) a year.

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The South China Morning Post (SCMP), with its Sunday edition, the Sunday Morning Post, is a Hong Kong-based English-language newspaper founded in 1903. It is Hong Kong’s newspaper of record, owned by Alibaba Group.

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