Commerce Commission Chairman John Small on banking, market studies and why he joined the competition watchdog   Commerce Commission Chairman John Small says the regulator will be digging into banks’ capital requirements and the prudential regulation regime to examine whether it has any impact on competition as part of its market study. On Tuesday the…

PM Chris Hipkins meets with Chinese President Xi Jinping   Hopkins visits China, tells Xi Jinping “want to explore more cooperation opportunities”   Chinese President Xi Jinping told visiting New Zealand Prime Minister Chris Hopkins that the two countries should revitalize trade and investment. At a meeting with Hopkins on the 27th, President Xi said…

Christchurch police tell tradies to let robber go after citizen’s arrest   On the 27th, New Zealand media reported that citizens in New Zealand caught a thief who was stealing auto parts and running away, but released him on police orders. According to the New Zealand Herald, a man named Mike Creed, who lives in…

New Zealand Seeks Trade Diversity With China as Hipkins Meets Xi Jinping   Prime Minister Chris Hipkins “Focusing on diversifying exports to China”   New Zealand is focusing on reducing its trade dependence on China and diversifying its exports due to concerns about possible retaliation from China. New Zealand, a member of the Five Eyes…