Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


China Rail Deal Bad For Northland

Media Release – 09.04.2017

China Rail Deal Bad For Northland

The Memorandum of Understanding being signed in Whangarei on Monday between the Northland Regional Council and China Rail is bad news for Northland says Democrats for Social Credit Whangarei Candidate & Finance Spokesman Chris Leitch.

China Rail will be seeking a substantial profit on any project it chooses to invest in.

That means it would be taking more out of the Northland economy than it put in.

How is that good for Northland?

China’s “One Road, One Belt” strategy, being implemented by China Rail, includes plans to build roads, railways, ports, and other infrastructure to create demand for China’s industrial exports in the face of overcapacity at home.

The MOU in clause 5 specifically identifies “infrastructure projects” as its purpose.

On two counts, Regional Council Chairman Bill Shepherd is either purposely obscuring the facts, or is remarkably naive in claiming the MOU is “to develop business opportunities for the benefit of the Northland economy and its people”.

“Infrastructure projects” are much more specific than “business opportunities” and they are for the benefit of China Rail, not “the Northland economy and its people”.

Clearly, China Rail has identified what it sees as potential infrastructure opportunities. Why else would it be signing a MOU with the NRC.

Those opportunities could only be road and rail links to the port at Marsden Point, or the port itself.

China is already building massive projects in third world countries like Nigeria and Zimbabwe funded by Chinese central bank issued money, and using Chinese steel, and Chinese labour.

New Zealand has the expertise to build road and rail links, it doesn’t need to import anything to build them with, it has the skilled labour force, and, just like China, it could use its own central bank to fund the projects and any profits would stay in New Zealand.

We don’t need the Chinese to do it for us.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

New Reports: Flood Risk From Rain And Sea Under Climate Change

One report looks at what would happen when rivers are flooded by heavy rain and storms, while the other examines flooding exposure in coastal and harbour areas and how that might change with sea-level rise.

Their findings show that across the country almost 700,000 people and 411,516 buildings worth $135 billion are presently exposed to river flooding in the event of extreme weather events...

There is near certainty that the sea will rise 20-30 cm by 2040. By the end of the century, depending on whether global greenhouse gas emissions are reduced, it could rise by between 0.5 to 1.1 m, which could add an additional 116,000 people exposed to extreme coastal storm flooding. More>>



Gordon Campbell: On The Commerce Commission Fuel Report

The interim Commerce Commission report on the fuel industry will do nothing to endear the major oil companies to the New Zealand public... More>>


Emergency Govt Bill: Overriding Local Licensing For The Rugby

“It’s pretty clear some clubs are having difficulty persuading their district licensing committees to grant a special licence to extend their hours for this obviously special event, and so it makes sense for Parliament to allow clubs to meet a community desire." More>>


Leaving Contract Early: KiwiBuild Programme Losing Another Top Boss

Ms O'Sullivan began a six-month contract as head of KiwiBuild Commercial in February, but the Housing Ministry has confirmed she has resigned and will depart a month early to take up a new job. More>>


Proposed National Policy Statement: Helping Our Cities Grow Up And Out

“We need a new approach to planning that allows our cities to grow up, especially in city centres and around transport connections. We also have to allow cities to expand in a way that protects our special heritage areas, the natural environment and highly productive land." More>>


Ombudsman's Report: Ngāpuhi Elder 'Shocked' By Conditions At Ngawha Prison

A prominent Ngāpuhi elder is shocked to find inmates at Ngawha Prison are denied water and forced to relieve themselves in the exercise yard... Chief Ombudsman Peter Boshier has released a report highly critical of conditions at the Northland prison. More>>


Promises: Independent Election Policy Costing Unit A Step Closer

The creation of an entity to provide political parties with independent and non-partisan policy costings is a step closer today, according to Finance Minister Grant Robertson and Associate Finance Minister James Shaw. More>>


School's In: Primary And Intermediate Principals Accept New Offer

Primary and intermediate school principals have voted to accept a new settlement from the Ministry of Education, which includes entrenched pay parity with secondary principals. More>>


IPCA On 'Rawshark' Investigation: Multiple Police Failings In Hager Searches Confirmed

The Independent Police Conduct Authority has found that the Police's unlawful search of Nicky Hager's property in October 2014 resulted from an unwitting neglect of duty and did not amount to misconduct by any individual officer... More>>


Broadcasting Standards: Decisions On Coverage Of Mosque Attacks

The Authority upheld one of these complaints, finding that the use of extensive excerpts from the alleged attacker’s livestream video on Sky News New Zealand had the potential to cause significant distress to audiences in New Zealand, and particularly to the family and friends of victims, and the wider Muslim community. More>>




InfoPages News Channels