The Kākā by Bernard Hickey
Choruses
Monday Chorus: Samoa does China deal
0:00
-3:58

Paid episode

The full episode is only available to paid subscribers of The Kākā by Bernard Hickey

Monday Chorus: Samoa does China deal

Samoa agrees Economic & Technical Cooperation Agreement with China, including fingerprint lab; China eases Covid curbs in Shanghai, Beijing; Three Waters cost shock for Wellington
17

TLDR: In another blow to the ‘west’s hopes of containing China’s push into the Pacific, Samoa agreed a deal with visiting Foreign Minister Wang Yi over the weekend, including a plan to jointly build a fingerprint laboratory. See more on this below the paywall fold.

Western Samoa’s Government agreed over the weekend to a range of agreements with China. Photo by Vaitoga Asuisui Matafeo/SAMOA OBSERVER/AFP via Getty Images

Elsewhere in the news here and overseas this morning:

  • Shanghai and Beijing eased their Covid restrictions slightly overnight in a some rare good news from China, which is battling to eliminate the virus with GDP-crunching lockdowns Reuters;

  • AGL is set to call off its massive demerger plans later today after intense opposition from climate-campaigning tech billionaire Mike Cannon-Brookes The Australian-$$$, AFR-$$$; and,

  • The World Bank warned in a major report over the weekend just 4% of global emissions were subject to a carbon price deemed high enough (~US$100/t) to keep the rise of global temperatures to under two degrees, despite a near-60% increase in carbon pricing revenues to US$84b last year. See more below the paywall fold on this.

I’m still waiting on a negative RAT and will cover today’s post-Cabinet news conference with Acting PM Grant Robertson remotely if I have to.

Listen to this episode with a 7-day free trial

Subscribe to The Kākā by Bernard Hickey to listen to this post and get 7 days of free access to the full post archives.

The Kākā by Bernard Hickey
Choruses
The latest daily snapshot of the news, detail, insight and analysis on geo-politics, the global economy, business, markets and the local political economy for citizens and decision-makers of Aotearoa-NZ.