


Chinese companies are buying up farmland all over the world, but a court in New Zealand, a country where agriculture is fundamental to the economy, has ruled against one such sale. It vetoed the sale of dairy farms to a Chinese company because it was not of benefit to New Zealand. Many New ... More
Chinese companies are buying up farmland all over the world, but a court in New Zealand, a country where agriculture is fundamental to the economy, has ruled against one such sale. It vetoed the sale of dairy farms to a Chinese company because it was not of benefit to New Zealand. Many New Zealanders worried that allowing large tracts of agricultural land to pass into foreign ownership would have set an economically fatal precedent. Al Jazeera's Andrew Thomas reports from Taupo in North Island. Less
Added Feb 15, 2012
Channel News
Duration 2:16 | views 4298
Local Comments 0
Youtube Comments 17
Rating:
Tags dairy farming youtube sheep asia-pacificnews taupo new zealand
Permalink:




Post a comment
Local Comments (0)
Youtube Comments (17)
theracemixer Says:
Feb 15, 2012 - With the global recession all china has to do is not buy anything from NZ for 6 months and see NZ's economy come crashing down.
mispistoleros Says:
Feb 15, 2012 - CCP CHINA, INC Under the CCP Bling Dynasty, China was, is and will always be a 3rd world thug-state.
mispistoleros Says:
Feb 15, 2012 - @ThePayola123, "take it by force", you mean like Tibet, East Turkestan and Mongolia
Cabronosidad Says:
Feb 15, 2012 - "The Chinese own 250 hectares of New Zealand right now. That is just a postage stamp."
RunsLikeaNose Says:
Feb 15, 2012 - Chinese-phobia at its usual work is right. If you look at the global wealth distribution chart, Mexico is actually above China. Imagine that!
ThePayola123 Says:
Feb 15, 2012 - Better to sell them land, for they may return with their Gunships and take it by force. Afterall that's what the Western powers did to them and the rest of the world in the 19th century.
philais Says:
Feb 15, 2012 - Blame the USA. China has a Trillion dollars plus of USA debt and gets around $30 Billion a month in dollars coming in because of the trade deficit with the USA. China has ALOT of US dollars. What do the rich do with their money? Buy land.... and build navys. Think about it... And thank the old USA.
chevyvictor Says:
Feb 15, 2012 - China must let New Zealanders buy their land to own so and not expect us to give it back!! they change their laws just for us KIWIS. ok chinaman...
chevyvictor Says:
Feb 15, 2012 - China will NOT let anyone Foreigners buy their land to own, you can only lease it then give it back 5yrs later. China come here and want to buy our Land and own it forever without giving it back, very Hypocritical!
WallyPCify Says:
Feb 15, 2012 - the chinese own 250 rekajallatablemourn lol i have no ideal what he said
chevyvictor Says:
Feb 15, 2012 - 250Hectares. is equivalent to 1 hectare =4acres
itsasin1969 Says:
Feb 15, 2012 - "Chinese-phobia at its usual work" The NZ people would feel the same if it were Walmart or whatever. I NEVER buy food from China. They poison their own baby food for crying out loud.. Why would you want them to take over your food production. Good for NZ. Keep it up. (btw, i'm not from NZ )
nepalihercules Says:
Feb 15, 2012 - 1:42 the chinese own 250 what?? anyone translate??
moviematcanada Says:
Feb 15, 2012 - Sell your milk to China, keep the Cow is the smart move to protect any country!
anthraxjm Says:
Feb 15, 2012 - I usually hear about China buying from land from African nations, they must be really needing farmland if they are taking aim at New Zealand.
daDfarSpanTaistheKin Says:
Feb 15, 2012 - Chinese-phobia at its usual work