In this episode of the Diplosphere podcast, David Mahon, founder of Mahon China, shares his extensive experience of living in China for 40 years. He discusses the evolution of China's economy, the role of Mahon China in aiding foreign businesses, and the changes driven by China's economic reforms. David also shares his perspectives on U.S.-China relations, China's global perception, and the implications for New Zealand's foreign policy. He delves into the current economic challenges in China and provides insights into how New Zealand can better navigate and strengthen its relations with China in various sectors, including technology.
00:00 Introduction and Welcome
03:32 China's Modern Day Economic Miracle
08:50 US-China Relations Towards a New Nadir
13:30 New Zealand's Foreign Policy Fumbles of Recent Past
32:30 China's Structural Challenges and Historic Stimulus Package
39:12 Generational Stimulus and Opportunities for NZ
43:55 Crystal Ball Gazing - Rough Times Ahead
David Mahon: https://nzcta50over50.co.nz/mahon-china/
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David’s story & China’s incredible transformation over the decades:
I didn't know what it was, but if you are to spend your life working at something and there's an opportunity to be in a place that you respect, that you're drawn to, where there is going to be substantial changes. My decision was I will try and be part of this in some way. And so I went back to New Zealand and sold the few assets I had and I came back to Beijing and made it up from there
There's still 900 million people who earn less than four to 500 New Zealand dollars a month. They're the energy. They're the force as they urbanize or they move from more remote, perhaps marginal urban settings to better cities in their provinces and on the coast. So it is extraordinary. So something's worked.
US Election & perceptions of Trump:
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