I've been round Japan, Hong Kong, Korea, and China in the last few months and the message that I've been taking is that New Zealand is building an up market dynamic into a connected economy. And that we are not the old-fashioned, ship mutton kind of product the people associate their export in work.

Well of course New Zealand isn't anti-American.

To China, and to the specific market of Hong Kong, we have more to learn.

In the end, there will always be a fundamental difference of perspective between New Zealand and Australia on defense, whoever is in government.

Well, we don't think for a moment that either the U.S. or Australia are out to damage the New Zealand economy, but if there were a sustained period in which they had a free-trade agreement and New Zealand didn't have that same arrangement with the States, that could be both trade- and investment-distorting.

If we scale back in Hong Kong, we should not scale back for the round as a whole. It is too important.