New Zealand

Shanghai Pengxin poised to buy 2nd NZ dairy farm business

Chinese conglomerate Shanghai Pengxin is poised to buy its second set of dairy farms in New Zealand, the world's leading dairy produce export country, as China's firms increasingly look overseas for sources of milk to meet growing demand at home.

Big dairy farm expected to change hands

It has been reported that the state-owned China Investment Corporation and New Zealand dairy giant Fonterra are negotiating to buy Tasmanian dairy farm Van Diemen's Land under a proposed $200 million deal.

Change of tactic to guard UAE food supply

"The UAE is looking not just at land [acquisitions] but developing the whole supply chain," says Nicholas Lodge, managing partner at Clarity, a consultancy that advises on investments in agricultural industries.