while we were watching the parade...

China just â€" effectively - bought the whole of New Zealand’s agricultural output: The agreement commits both sides to an almost total elimination of import tariffs over the next 11 years, and is the first time China has opened its market fully to the goods and services of a developed country. Greater openness of the Chinese economy is something the United States has been trying to achieve for years, with only limited success. But looked at more closely, China is taking little risk. New Zeala