New Zealand farmers are looking to have equal rights to buy land in China if Chinese investors want to acquire domestic pastures and milk farms, Bloomberg reported, citing a New Zealand farmers’ representative. "We are saying let’s have like with like," said Don Nicolson, president of Federated Farmers of New Zealand. New Zealand, the world’s largest dairy exporter, already supplies several Chinese firms with milk products, and some of those firms are now directly acquiring dairy assets in the island nation. China’s Natural Dairy (NZ) Holdings (0462.HK) is currently awaiting approval to buy the Crafar farms in New Zealand, which comprise 16 properties. Few details of the bid have been released.
Categories