Expert on Business Connections between China and New Zealand
Logo of Chinese telecommunications giant Huawei. [Photo: baidu]
Chinese telecommunications giant Huawei has planned to make a massive investment in research and development in New Zealand.
The plans include the building of a cloud data center and establishment of innovation labs in Christchurch and Wellington.
The company will spend 400 million NZ dollars (281.8 million U.S. dollars) over 5 years on the investments, according to the New Zealand government.
Experts believe that business connections between China and New Zealand could help boost China’s innovation and hi-tech industry.
CRI's reporter Bob Jones had an interview on the issue with Bruce McKern, a professor from China Europe International Business School.