新西兰英语 310 Chinese company wants to buy farms
A Hong Kong company, Natural Dairy 1, wants to buy 16 dairy farms which belonged to the Crafar family. Thirteen of the farms are dairy farms and in total, the land is 8,815 hectares.
The Crafar family went bankrupt 2 and could not pay their debts of around $200m. Then receivers took over the properties to try to get back the money that is owed to banks and a finance 3 company. The receivers want to sell the farms for the best price.
Landcorp which is owned by the New Zealand government offered to buy the farms but the receivers did not accept the offer. Instead the receivers have accepted Natural Dairy’s offer of $213.2m. However all major sales to foreign buyers have to be accepted by the Overseas Investment 4 Office (OIO). Natural Dairy was asked to give more information. The Overseas Investment Office will take a few weeks to make a decision.
The Minister of Agriculture, David Carter, did not think it was a good idea for New Zealand farms to be owned by a Chinese company. John Key has just returned from China where he said New Zealand wants to do more trade with China. However, he too is not sure about allowing Chinese companies to buy dairy farms.
The Chairman of Natural Dairy, Graham Chin said, “In the last 12 months the OIO has approved the sale of 80,000 hectares of land to foreign interest.” There is more than 2 million hectares of dairy farmland in New Zealand.
Questions
Would China allow NZ companies to buy Chinese land?
Are New Zealanders more worried about selling dairy farms rather than sheep farms to foreigners?
- The yogurt sold by this dairy is delicious.这家乳品店出售的酸奶非常好喝。
- He kept a few dairy cows.他养了几头奶牛。
- That factory has gone bankrupt.那家工厂倒了。
- The enemy's scheme went bankrupt.敌人的计谋破产了。
- She is an expert in finance.她是一名财政专家。
- A finance house made a bid to buy up the entire company.一家信贷公司出价买下了整个公司。
- It took two years before I recouped my investment.我用了两年时间才收回投资。
- The success of the project pivots on investment from abroad.这个工程的成功主要依靠外来投资。