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China slowdown drives New Zealand exporters to diversify buyers
A Reserve Bank of New Zealand official said firms are shifting shipments away from China as demand from the top buyer cools.
China's economic slowdown is prompting New Zealand exporters to reduce reliance on their biggest customer by steering shipments to other markets, according to CNBC World.
The outlet reports that Reserve Bank of New Zealand official commentary pointed to softer demand from China as the key driver behind the diversification push.
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