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Grant Robertson plays down business confidence concerns and says ‘New Zealand is a good place to do business’

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Finance Minister Grant Robertson says it’s important not to “overdramatise” the economic international scene but warns New Zealand will be affected by more trade war rhetoric.

Speaking at the New Zealand Debt Capital Market Summit on Wednesday, Robertson addressed some of the economic headwinds the country is facing, including the developing trade war between the US and China.

The Government was monitoring the international picture but it was “important not to overdramatise the situation”, he said, pointing out that global growth is projected to be 3.9% this year. . . . .