New Zealand will start talks with China to extend their free trade agreement next month according to Prime Minister English. It is not clear how this will fit with negotiations to create the RCEP trade deal, or whether disagreements over items like steel will be included. Panjiva analysis shows that New Zealand will want to diversify its shipments. Currently dairy, timber and cereals account for 71% of its exports to China vs. 35% globally. There are potential opportunities to expand in meat, wine and a broad range of manufactured goods.