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New Zealand's approach to China is no longer the right one, says Beijing based economist

Beijing-based economist Rodney Jones told Corin Dann on TVNZ’s Q+A programme that China was changing and New Zealand’s approach with the global super power was no longer the right one.

Mr Jones is a Principal of Wigram Capital Advisors, an Asian-based macro advisory firm that provides economic analysis and advice to leading global investment funds on developments in Asia.

China recently changed legislation to allow Premier Xi Jinping to remain president indefinitely, and Mr Jones said this would make dealing with Beijing tougher for other countries.

"The issue is how we respond, and we’re not doing a very good job of responding, because we’ve been looking through the rear view mirror. We’ve been looking at our successes, and we did remarkably well for 30 years."

"But we’ve got to think about a different China going forward, and that means we have to reorganise the way we do things” he says.

Economist Rodney Jones says China is changing and New Zealand's approach to the global super power needs to as well. Source: Q+A