Story: Balance of payments

Asian investment in New Zealand, 2002–3

Asian investment in New Zealand, 2002–3

One reason for New Zealand’s high level of international debt is the willingness of many Asians to invest in New Zealand where the interest rates have been high internationally. About 1.5% of total Asian investment overseas has been placed in New Zealand. This table shows the sectors in which the different Asian countries invested, 2002–3. Japan and Singapore were the largest investing countries.

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Source: Asian investment in New Zealand: New Zealand inwards foreign direct investment from Asian nations: report to the Asia New Zealand Foundation. Wellington: New Zealand Institute of Economic Research, 2008, p. 16

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How to cite this page:

C. John McDermott and Rishab Sethi, 'Balance of payments - Sustainable current accounts', Te Ara - the Encyclopedia of New Zealand, (accessed 25 May 2022)

Story by C. John McDermott and Rishab Sethi, published 11 Mar 2010