Second, China is a developing country, and lacks strong purchasing power for foreign goods. Expanding exports to China depends on the healthy development of Chinese economy and the country's balance of payments situation. China' wool imports, for example, made a record of NZ$ 522 million in 1988, then fell to a low of NZ$ 70 million in 1990 because of the economic retrenchment in China, but subsequently recovered in 1991. Demand from China depends very much on the domestic economy. Third, some of New Zealand products are not fully suitable to the needs of China. For instance, there is.
