$Alibaba(BABA)$ BABA is an int

$Alibaba(BABA)$ BABA is an interesting stock. It is linked to BABA-W in HK and gives us the opportunity to trade into different countries, like China. What is attractive about China is the emerging growing economy and BABA is like a flagship for this.

This Friday NZ's PM Chris Luxon is meeting with President Xi and top of the agenda is trade, visas, students and tourism. NZ was the first western country to sign a FTA with China. Back in 2008 when the FTA was signed, President Obama while playing golf in Hawaii with the then PM John Key, asked him "Why did you sign an FTA with China?" The PM answered "We have been trying to get an FTA with the US for decades, still waiting, perhaps you might help" or something like that. 2025, seventeen years after we inked an FTA with China, we still don't have an FTA with the US.

Modified in.06-19

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