Sino-NZ: Enforce Stamp Duty, Don't Worry About China, Learn From Singapore
After Labour's ill-conceived Chinese surname saga, Finance Minister Bill English gave a hint about potential backlash (though, not in so much words) from the Chinese Government after returning from that country recently. But if Singapore example is anything to go by, protecting one's national interests (read - selling milk to China) without upsetting the Chinese Government (read - enforcing a stamp duty on foreigners buying property in Auckland) is certainly feasible.
Read More