PengXin Group

NZ debates China's agricultural appetite
- Wall Street Journal
- 12 June 2012
Foreign ownership of farm land is a sensitive issue in Australia and "across the ditch" in New Zealand.
Farmland safe, say Crafar buyers as hikoi mobilises
- NZ Herald
- 23 April 2012
The decision to approve the sale of NZ dairy farms to a Chinese company has prompted an "Aotearoa is Not for Sale" hikoi, which starts at dawn tomorrow with prayers at Cape Reinga.
China to buy New Zealand farmland
- Al Jazeera
- 20 April 2012
After a year-long legal battle, China will be allowed to buy farmland in new Zealand. Some experts say these purchases are less about business and more about rich countries securing their own food supply at the expense of less well off nations.
NZ 'under scrutiny' in Asia over Crafar deal
- TVNZ
- 08 April 2012
New Zealand's reputation will be damaged in Asia if the sale of the Crafar dairy farms to Chinese interests does not go through, says a Kiwi managing investments in China.
Uncertainty is frightening off large-scale investors
- NZ Herald
- 04 April 2012
The Government clearly hopes the Crafar Farms' controversy will be put to bed before China's fourth-ranked leader Jia Qinglin visits Christchurch and Wellington in mid-April.
Maori mount legal challenge to Crafar decision
- NZ Herald
- 28 February 2012
Central North Island Maori are seeking to challenge Shanghai Pengxin's purchase of the Crafar farms using the same Treaty of Waitangi clause in legislation the Maori Party has fought to retain for partially privatised state-owned assets.
La justice néo-zélandaise bloque la vente de fermes laitières à un investisseur chinois
- Commodesk
- 17 February 2012
La haute cour de Nouvelle-Zélande annule l’autorisation accordée fin janvier par le gouvernement de la vente de 16 fermes laitières à un investisseur chinois. Selon le juge, le gouvernement a surestimé les bénéfices économiques de la transaction.
Crafar sale benefits 'overstated'
- NZ Herald
- 15 February 2012
Shanghai Pengxin will persevere with its $210 million bid to buy the Crafar dairy farms in spite of the High Court today overuling the Government's decision to allow the deal to go ahead.
La Chine crée des remous en Nouvelle-Zélande
- La Terre de Chez Nous
- 30 January 2012
L’acquisition de 16 fermes laitières (Crafar Farms) par un groupe chinois crée des remous en Nouvelle-Zélande.
La Nouvelle-Zélande autorise la vente de fermes laitières à la Chine
- 24H dans le Pacifique
- 30 January 2012
Le gouvernement a donné son feu vert à la décision du Bureau de l’investissement à l’étranger qui recommande la vente des 16 fermes laitières Crafar à la société Shanghai Pengxin pour 150 millions de dollars.
Anxiety in New Zealand as Chinese buy dairy farms
- AP
- 27 January 2012
Chinese investors are buying New Zealand farmland for the first time as economic ties with the Asian powerhouse grow ever deeper, sparking considerable anxiety in a country where livelihoods are heavily reliant on agriculture.
Chinese developer wins approval to buy 16 New Zealand farms
- Bloomberg
- 27 January 2012
Shanghai Pengxin Group Co., a Chinese property developer seeking to export dairy products to Asia, won approval to buy 16 New Zealand dairy farms amid local objections to rising foreign ownership of assets.