Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


''Tell Us How, Mr Sutton?''

Press Release: 10 February 2005, 2.50pm

"Tell Us How, Mr Sutton?"

In response to Trade Negotiations Minister Jim Suttons assurances that the Government would look after New Zealand manufacturers when free trade deals were negotiated and that New Zealand manufacturers would "have to innovate", MADENZ founder Judith Bell asked Mr Sutton to tell us how.

"Tell us how New Zealand manufacturers can 'innovate' around China's competitive advantage of 25 cents an hour labour rates (if they are paid at all), Mr Sutton?"

"Tell us how we can "innovate" around Chinese state-owned manufacturing enterprises whose 'bad loans' (ie state subsidies) contribute to US$500 billion worth of bad loans for China's state-owned banks, Mr Sutton?"

"Tell us how we can "innovate" around the Peoples Bank of China - a bank which manipulates and artificially under-values its currency to subsidise Chinese exports, Mr Sutton?"

"While Mr Sutton is postulating over how to answer these queries, he may also wish to re-think his fairy-tale notion that research and development, constant production of new products 'where price is not so important' and 'new ways of doing things' will lead to success for New Zealand manufacturers", said Mrs Bell.

"On his many government sponsored trips to China, surely Mr Sutton has noticed the seven story high Chinese department stores which solely sell counterfeit products - new products which are copied from the West and produced in China, often within seven days of entering the market."

"While the Chinese are laughing at our patent and copyright laws and at the ease with which they were able to manipulate eager and naive New Zealand trade negotiators and politicians into declaring China a 'market economy', they are not so amused by the legislation to be introduced in the US Senate tomorrow. If this bill is approved and China does not stop manipulating the value of its currency within six months, it will face a 27.5% tariff on all exports to the United States."

"Accordingly, if Mr Sutton sincerely wishes to look after New Zealand manufacturers and if he cannot answer my queries, I would be happy for him to cheat and take a leaf out of the US Senator's book who is sponsoring this bill." Mrs Bell said from Mt Maunganui today.

Contact Judith Bell: made.nz@xtra.co.nz

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>


Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>


Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>


Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>


With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>


Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news