24 May 2022

New IPEF could cause countries to cut trade with China - expert

From Morning Report, 8:10 am on 24 May 2022


New Zealand has joined a dozen Asia-Pacific nations in a new loosely defined economic bloc called the Indo-Pacific Economic Framework 

The framework is not a trade agreement, but a set of co-operation standards in areas including supply-chain resilience, climate action, sustainability, and digital trade.

It's being seen as a bid to counter Chinese's growing interest in the region.

We hear from Robert Ayson, who is a professor of strategic studies at Victoria University of Wellington.