China leads Fiji investment
April 29, 2015 6:30 pm
China’s push in the Fiji economy – while significant – does not detract from investment from other parts of the world.
That’s the message from ANZ Pacific and Fiji Chief Executive Vishnu Mohan.
Speaking before an ANZ Economic Seminar, Mohan told local media there’s no denying China’s presence not just in Fiji but all over the Pacific.
However, this doesn’t mean we’ve been overly dependent on China.
“I don’t think it’s fair to say it’s all about China. China is clearly the leader at the forefront of investment and infrastructure activities going on – not just in Fiji but across the Pacific. At the same time, there are also a lot of other regional players more-so from countries like New Zealand and some from Australia.”
Mohan adds there was an opening in the Fiji market which China took advantage of – but intra Pacific trade has also been significant.
In the last decade, China’s trade has been worth just over $200 million.