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25-01-2013 08:13 AM
| New Zealand
NZ's water attracts Chinese dairy investment
Chinese investment in the New Zealand dairy industry is partly about the export of water, DairyNZ chairman John Luxton says.
His comments come as the debate over such investment flares again as Chinese companies want to build two dairy factories in New Zealand, one for baby formula and the other for milk processing. The deals are worth more than $400 million combined.
His comments come as the debate over such investment flares again as Chinese companies want to build two dairy factories in New Zealand, one for baby formula and the other for milk processing. The deals are worth more than $400 million combined.
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