29 Jul 2016

Chinese control of new dairy factory 'lunacy' says Peters

From Morning Report, 7:21 am on 29 July 2016

Winston Peters is warning that too many Chinese companies have controlling interests in key New Zealand infrastructure. It comes as Mataura Valley Milk announced a deal which will see them partner with the China Animal Husbandry Group to open a milk powder manufacturing plant. The Chinese state-owned-enterprise will hold a 71.8 percent controlling interest in the new factory.