New Zealand Milk Goes to China: Why It Matters!
Hey there! Have you ever wondered how the milk you drink gets from one country to another? π₯ Well, let me tell you a cool story about New Zealand and China!
This year, there’s a big meeting called the Asia-Pacific Economic Cooperation, or APEC for short. Leaders from many countries get together to talk about how to work better together.
Guess what? China and New Zealand are both members of APEC, and they’ve been becoming really good friends! π€
Dairy Products Go Duty-Free!
Starting this year, New Zealand can send its dairy products to China without paying extra taxes, called duties. That means milk, cheese, and butter from New Zealand can go to China more easily!
Did you know that over the past three years, New Zealand has sent about 1.4 million tonnes of dairy products to China each year? That’s like 280,000 elephants! π Half of that was milk powder, which is used to make lots of yummy things.
Why Is This Important?
China is New Zealand’s biggest trading partner. In 2022, they traded more than $25 billion worth of goods! By not having to pay duties on dairy products, both countries can benefit.
- For New Zealand: They can sell more dairy products and help their farmers.
- For China: People can enjoy high-quality dairy products at better prices.
What Do New Zealanders Think?
Many people in New Zealand are excited about this! It means they can share their delicious dairy products with more people in China. It’s also a sign of strong friendship between the two countries.
APEC meetings help countries like China and New Zealand work together to make life better for everyone. Isn’t it amazing how countries can help each other out? π
So next time you drink a glass of milk or eat some cheese, think about the journey it might have taken across the world!
Reference(s):
I'm from APEC: What issues are New Zealanders concerned about?
cgtn.com