1 00:00:00,320 --> 00:00:01,600 Speaker 1: Hither du for c Allen. 2 00:00:01,720 --> 00:00:04,200 Speaker 2: Peter Lewis Asia Business correspondent with US Now Peter, Hello, 3 00:00:05,480 --> 00:00:07,800 Speaker 2: Hello Hea, Peter. Let me tell you we are fizzling 4 00:00:07,840 --> 00:00:10,000 Speaker 2: in New Zealand for the Chinese premiere being here. Are 5 00:00:10,039 --> 00:00:12,000 Speaker 2: the Chinese media fizzing as much as we are? 6 00:00:13,200 --> 00:00:15,080 Speaker 3: Well, I don't know if they're fizzing as much as 7 00:00:15,080 --> 00:00:17,479 Speaker 3: you are, but they're certainly covering it. They see this 8 00:00:17,560 --> 00:00:22,240 Speaker 3: as being an important visit and happening at a pretty 9 00:00:22,239 --> 00:00:26,960 Speaker 3: crucial time as well. The Chinese state media is focusing 10 00:00:27,000 --> 00:00:30,560 Speaker 3: on two things. First of all, on the trade aspects. 11 00:00:31,160 --> 00:00:35,200 Speaker 3: This has been very much presented as a trade visit, 12 00:00:35,760 --> 00:00:39,240 Speaker 3: and also they're making great player of the friendship between 13 00:00:39,280 --> 00:00:44,520 Speaker 3: the two countries. Between New Zealand and China. The Premier 14 00:00:44,640 --> 00:00:46,920 Speaker 3: League is basically saying, look, we've been friends for a 15 00:00:46,960 --> 00:00:49,879 Speaker 3: long time. There may have been some disagreements, but we 16 00:00:49,920 --> 00:00:52,560 Speaker 3: shouldn't let that become a chasm, he said, And we 17 00:00:52,600 --> 00:00:56,960 Speaker 3: shouldn't let that block exchanges and cooperation between us. So 18 00:00:57,000 --> 00:01:01,280 Speaker 3: that's very much the angle that the media tier is 19 00:01:01,400 --> 00:01:04,920 Speaker 3: taking on it. I think mister Luson is going to 20 00:01:04,959 --> 00:01:08,039 Speaker 3: New Zealand with a bit of a message for you. 21 00:01:08,200 --> 00:01:12,600 Speaker 3: He is of course focusing on the trade opportunities, but 22 00:01:12,640 --> 00:01:15,600 Speaker 3: I think China is also concerned about, first of all, 23 00:01:16,280 --> 00:01:20,959 Speaker 3: New Zealand taking a stronger role in the Five Eyes Alliance. 24 00:01:20,959 --> 00:01:24,280 Speaker 3: I mean, New Zealand has traditionally not been too critical 25 00:01:24,280 --> 00:01:26,840 Speaker 3: of China in the past, but China's senses that that 26 00:01:26,920 --> 00:01:31,440 Speaker 3: might be changing under this new government. And it's also 27 00:01:31,480 --> 00:01:35,280 Speaker 3: concerned about the fact that New Zealand is developing alliances 28 00:01:35,840 --> 00:01:39,960 Speaker 3: with other countries in the region. Philippines in particular stands 29 00:01:39,959 --> 00:01:42,119 Speaker 3: out as being an area of concern because China has 30 00:01:42,200 --> 00:01:46,600 Speaker 3: territorial disputes with the Philippines. So I think the message 31 00:01:46,600 --> 00:01:50,480 Speaker 3: that Premierly is giving is, look, there are all these 32 00:01:50,520 --> 00:01:54,240 Speaker 3: trade opportunities. We are a huge market for your biggest 33 00:01:54,320 --> 00:01:58,240 Speaker 3: trading partner. Focus on that and don't focus so much 34 00:01:58,440 --> 00:02:02,000 Speaker 3: on the politics where we're disagreeing, because if you do, 35 00:02:02,520 --> 00:02:05,200 Speaker 3: you may find that you don't see so many of 36 00:02:05,200 --> 00:02:06,920 Speaker 3: those trade opportunities in the future. 37 00:02:07,000 --> 00:02:11,640 Speaker 1: So I think that's the message has gone to New Zealand. 38 00:02:11,240 --> 00:02:14,280 Speaker 2: With hey, speaking of the Philippines, I mean, these guys 39 00:02:14,360 --> 00:02:15,840 Speaker 2: getting reasonably assertive with China. 40 00:02:15,840 --> 00:02:18,240 Speaker 1: What's brought this on, Well, the. 41 00:02:18,240 --> 00:02:23,560 Speaker 3: Change of governments basically under Dutasi before they were he 42 00:02:23,720 --> 00:02:26,919 Speaker 3: got very close to President g Gping and to China. 43 00:02:27,000 --> 00:02:31,680 Speaker 3: The change of governments has taken a totally different stance 44 00:02:31,760 --> 00:02:34,480 Speaker 3: on this, which is that the Philippines is not prepared 45 00:02:34,480 --> 00:02:38,760 Speaker 3: to be bullied, It's not prepared to be pushed around. 46 00:02:38,800 --> 00:02:42,040 Speaker 1: But also it sees the territory that China. 47 00:02:41,800 --> 00:02:46,360 Speaker 3: Is claiming as its own as being absolutely essential to 48 00:02:46,400 --> 00:02:50,079 Speaker 3: the philippines survival. They see it as a described this 49 00:02:50,160 --> 00:02:56,320 Speaker 3: as an existential threat because these are these waters, contain minerals, a. 50 00:02:56,240 --> 00:02:57,560 Speaker 1: Lot of shipping goes through them. 51 00:02:57,600 --> 00:03:01,720 Speaker 3: It's absolutely essential to the Philippine's economy and to the 52 00:03:01,720 --> 00:03:05,320 Speaker 3: philippines future. So they are taking the view that, you know, 53 00:03:05,360 --> 00:03:08,079 Speaker 3: we just simply can't afford to let China walk in 54 00:03:08,800 --> 00:03:12,359 Speaker 3: and claim what they say is right theirs. And they 55 00:03:12,400 --> 00:03:16,680 Speaker 3: refer to the two thousand and sixty Court of Arbitration 56 00:03:17,400 --> 00:03:21,000 Speaker 3: which ruled against China's claim in the South China Sea 57 00:03:21,080 --> 00:03:24,920 Speaker 3: and they said that there's simply no basis for what 58 00:03:25,040 --> 00:03:29,079 Speaker 3: China is claiming. But China rejects that and it has 59 00:03:29,160 --> 00:03:30,880 Speaker 3: ignored it so far since. 60 00:03:31,600 --> 00:03:34,560 Speaker 2: Hey, what do you make of the fact that Germany 61 00:03:34,680 --> 00:03:36,920 Speaker 2: and Sweden and Hungary have all broken ranks with the 62 00:03:36,960 --> 00:03:38,520 Speaker 2: EU on those tariffs. 63 00:03:39,400 --> 00:03:43,040 Speaker 3: Well, this is very critical in particular for Germany because 64 00:03:43,840 --> 00:03:49,760 Speaker 3: you know Germany also its sports actually cars from China. 65 00:03:49,840 --> 00:03:53,600 Speaker 3: Some of the cars that manufactures are exported from China. 66 00:03:54,240 --> 00:03:58,520 Speaker 3: It's a critical industry to Germany. And they see this 67 00:03:58,600 --> 00:04:00,640 Speaker 3: as just going to end up in a trade war 68 00:04:00,680 --> 00:04:04,360 Speaker 3: which is going to damage everyone. They don't see them 69 00:04:04,520 --> 00:04:07,960 Speaker 3: benefiting from this and winning from this at all, and 70 00:04:08,000 --> 00:04:11,080 Speaker 3: they see that what China will do make sanctions of 71 00:04:11,120 --> 00:04:13,720 Speaker 3: their own, which is just only going to make everyone 72 00:04:13,760 --> 00:04:18,919 Speaker 3: else worse off. Now the manufacturers that the two countries 73 00:04:18,920 --> 00:04:21,880 Speaker 3: that are most supporting these sections are France and Spain, 74 00:04:22,560 --> 00:04:26,560 Speaker 3: and that's because they don't have their own competitive electric 75 00:04:26,640 --> 00:04:30,320 Speaker 3: people industry that can really compete with China. The one 76 00:04:30,360 --> 00:04:33,799 Speaker 3: country in Europe that probably can come closest to it 77 00:04:33,839 --> 00:04:36,720 Speaker 3: is Germany. So that's why there's this big difference at 78 00:04:36,720 --> 00:04:38,880 Speaker 3: the moment. And I think what we will find is 79 00:04:38,880 --> 00:04:42,080 Speaker 3: when China decides how it's going to retaliate, it's going 80 00:04:42,120 --> 00:04:45,840 Speaker 3: to find ways in which it will retaliate most against 81 00:04:45,920 --> 00:04:49,719 Speaker 3: France and Spain. So things like pork, for example, where 82 00:04:49,880 --> 00:04:53,359 Speaker 3: Spain exports a lot of pork to China, things like 83 00:04:53,480 --> 00:04:57,240 Speaker 3: cognac and Dreeks where France is a big exporter, and 84 00:04:57,279 --> 00:04:59,440 Speaker 3: they will try to avoid the things that are going 85 00:04:59,440 --> 00:05:02,040 Speaker 3: to damage Jeminy, which they see has been maybe its 86 00:05:02,120 --> 00:05:02,599 Speaker 3: ally in. 87 00:05:02,640 --> 00:05:05,280 Speaker 2: This fascinating stuff by Peter. Thank you as always, really 88 00:05:05,320 --> 00:05:07,640 Speaker 2: appreciate it. Well ever, chat to you again next week. 89 00:05:07,720 --> 00:05:11,640 Speaker 2: Enjoy your weekend. For more from Hither Duplessy, Allen Drive, 90 00:05:11,800 --> 00:05:15,160 Speaker 2: listen live to news talks it'd be from four pm weekdays, 91 00:05:15,320 --> 00:05:17,520 Speaker 2: or follow the podcast on iHeartRadio.