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Thursday, 28 January 2016

Fiji And China’s Economic Pathways

Fiji has had a constructive working relationship with China since the establishment of diplomatic relations in 1975. To use the Asian expression, the relationship has been like ‘lips and teeth’ with China providing ongoing support and assistance to Fiji despite its challenging relationship with regional neighbours Australia and New Zealand during the 2007-2013 period. This article looks at Fiji’s economy, its relationship with China and the potential for increased economic activity. President Xi Jinping had stated that the People’s Republic of China treated all countries in the world community with respect regardless of their size and wealth. In the case of Fiji, PM Bainimarama had noted that China was a true friend who recognised Fiji’s sovereignty when dealing with internal issues and challenges. (The current PACER Plus framework for trade and economic co-operation is a case in point where concerns have been raised about an unbalanced agreement that provides New Zealand and Australia unprecedented access to the Fiji market without reciprocal arrangements. ) Chinese Premier Li Keqiang stated that the Chinese government would continue to encourage Chinese investment in Fiji to grow the economy and improve the lives of Fijians.

Source: Fiji Sun online