At Richina Pacific’s annual meeting held in Auckland on May 10, chairman John Walker outlined the future of the company as it seeks to utilise its “extraordinary asset base” and leverage its “China knowledge”.

Mr Walker told shareholders that sooner or later most international businesses will establish operations in China, saying that many will choose to do so through a “trustworthy partner” with an established China track record rather than attempt to penetrate the attractive but difficult China market by themselves. He said Richina Pacific, with its structures, experiences, local knowledge and western-based governance structure, could leverage an international partner’s proven business models, technical know how, brands and distribution. He said the company is uniquely positioned to successfully partner with global companies.

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