China, New Zealand tighten trade ties as Beijing cuts tariffs on wood, paper ahead of pact renewal

Source: China – South China Morning PostAs its free-trade deal with New Zealand is set to enter force on Thursday, Beijing has announced a late change – the immediate slashing of tariffs on a some types of wood and paper products from the Pacific Island nation. The move comes as prices of forest goods, including pulp and corrugated paper, have been rising amid supply-chain disruptions and the Ukraine war. China will reduce or remove duties on 12 wood and paper product lines as part of the new agreement with Wellington, according to a…Read More

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