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.
Using this item
Te Ara - The Encyclopedia of New Zealand
This item has been provided for private study purposes (such as school projects, family and local history research) and any published reproduction (print or electronic) may infringe copyright law. It is the responsibility of the user of any material to obtain clearance from the copyright holder.
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
Add new comment