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Forget China unless government has hands on role
Forget China unless government has hands on role
By Peter Kerr for sticK
(sticK - Oct. 20 2010 ) If New Zealand companies are to succeed in China, the government’s going to have to take a much greater hands-on role in supporting ventures making their first foray into the Middle Kingdom.
“One of the best ways for the government to engage with China would be to act as a catalyst to bring the smaller and medium-sized companies together by making funds available around core strategies,” says David Mahon, managing director of Mahon China Investment Management Ltd. based in Beijing.
“New Zealand is one of the few developed OECD nations that does not assist its companies financially to expand into key international markets,” Mahon, who is also chairman of the China advisory board for NZ Trade & Enterprise’s Beachheads programme, says.
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