All I can suggest is that we find a Canadian, American, UK or Australian investor then.
After all, Labour and NZ First don’t mind if things are owned by foreigners, as long it isn’t anyone from Asia.
New Zealand First is vowing to fight for the continued New Zealand ownership of New Zealand’s second largest meat cooperative as it faces sale to the Chinese.
“Silver Fern Farms is a Kiwi farmer-owned business accounting for over $2.2 billion in sales,” says New Zealand First Leader and Member of Parliament for Northland Rt Hon Winston Peters.
“Their farmers have done the hard yards and debt is tracking down Just when it is, the Chinese want at least a $100 million interest in it.
“That will just be the start, as we all know. Why has the co-op not reached out to people who own it? Instead, the board is putting a financial gun to its farmer-owners and effectively saying, ‘sign or else’. Read more »