Chinese buying our vineyards

Forbes.com

Don’t tell Labour or the Greens but the biggest wine company in China has been buying our vineyards. From their rightful owners who actually own them, rather than the collective us of New Zealanders who actually have no property rights over their vineyard.

The company has quietly acquired vineyards in Italy, Canada and New Zealand without the attention paid to Chinese purchases of trophy châteaus in Bordeaux.

Where is Michael Fay when you need him…or is he just after a steal?


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