Pacific Trade with China sees explosive growth

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Updated November 17, 2009 17:59:07

A new report from the ANZ Bank shows China's trade with the Pacific Islands has grown dramatically. In the 7 years to 2008 Chinese imports to the Pacific grew at 40% a year and the region's exports to China at 28%. The growth has been so fast that China has now overhauled the United States, the European Union and Japan as a trading partner. Paul Gruenwald is the ANZ's Chief Economist Asia and the lead author of the report.

Presenter: Jemima Garrett
Speaker: Paul Gruenwald, ANZ Bank's Chief Economist for Asia

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