Friday, 30 October 2015 10:01

Investors run cold

Written by Rural News Group

font size decrease font size increase font size
Print
Email

Who says the Chinese never fail?

Chinese investors have pulled the plug on a proposed $80 million dairy factory that was set to spring up at Otorohanga.

Chinese investors from He Run International Investment signed with three Kiwi investors for the factory which would have made high-value infant formula and cheese.

But minority shareholders confirm the plans went cold following the stock market wobbles in China.

More like this

Domestic Focus

Domestic Focus

OPINION: After hogging the media limelight for telling a NZ Chinese MP to "go back home", Winston Peters has decided to focus on a domestic issue - oil and gas drilling.

A No-Brainer

A No-Brainer

OPINION: With fuel prices soaring, one would have expected most farmers to be reclaiming excise duty on petrol.

Floating Farm Sinks

OPINION: The world's first floating dairy farm, once hailed as a vision of farming's future, is up for sale after seven years.

Make It Up!

PM Chris Luxon can't seem to buy a trick when it comes to the polls, particularly for his own approval rating as preferred Prime Minister.

China No Longer Just A Commodity Story - Luxon

China remains New Zealand’s biggest market, taking $23 billion of our exports, but it’s no longer a commodity story, says Prime Minister Christopher Luxon.

Popular Reads

NZ Confirmed as World's Largest Single-Country Dairy Exporter in 2026 Report

A team effort that is paying dividends for the wider New Zealand economy.

Taupiri Farmers Chase Ownership After Awards Success

For Taupiri dairy farmers Logan and Sian Dawson, their involvement in the NZ Dairy Industry Awards has been a key…

The Banker Who Still Farms: Cameron Reed's Two Worlds

Cameron Reed lives between two worlds.

Andy Macfarlane Joins AgriZeroNZ Board

Canterbury farmer Andy Macfarlane has been appointed to the board of AgriZeroNZ, the public-private partnership designed to accelerate the development…

Milk Glut Drags Fonterra Forecast Down to $9.20/kgMS

A milk glut around the world shows no sign of easing, putting downward pressure on farmgate milk prices for the…

Featured

Carrfields Marks 50 Years as Rural Health Programme Grows

Celebrating 50 years in the rural landscape of Central Canterbury and beyond, Ashburton-based Carrfields, has been the exemplar for all aspects of modern agriculture via its extensive range of services including supply, growing, agronomic advice and marketing.

Taupiri Farmers Chase Ownership After Awards Success

For Taupiri dairy farmers Logan and Sian Dawson, their involvement in the NZ Dairy Industry Awards has been a key catalyst in the growth of their business - the experience helping shape how they approach the farm ownership pathway they are pursuing today.

West Otago Farmer Luke Kane Wins Rabobank 2026 Prize

West Otago dairy farmer Luke Kane has been awarded the 2026 Rabobank Dr John Morris Business Development Prize.

Editorial: Hunting Policy Misses The Mark

OPINION: As the general election approaches, political parties are churning out policies in the hope of attracting more votes.

Timaru-Bred Bull Takes Out 2026 Mahoe Trophy

An LIC bull, Tronnoco AR Sadio-ET S3F, bred by Tony and Keri O'Connor of Tronnoco Farming Co Ltd near Timaru, has won the 2026 Mahoe Trophy.

Ballance Urges Farmers to Plan Ahead for El Niño

With forecasters advising El Niño conditions will develop through winter and strengthen into spring and summer, Ballance Agri-Nutrients is encouraging farmers and growers to think ahead about nutrient planning and be prepared to work around challenging weather conditions.

National

Why 'Fork to Farm' Beats Farm to Fork, Expert Says

In the past, much has been made of the concept of farm to fork, but an Australian expert in food…

George Dodson on Efficiency and Low-Cost Dairy Farming

Efficiency is the big one because it tracks back into what is done on farm.

Four-Year Trial Confirms Plantain Cuts N Losses 33%

A four year trial has reaffirmed that mixing plantain into dairy pastures can help reduce nitrogen losses to freshwater while…

Fonterra Opens Upgraded Chengdu Application Centre

Fonterra has opened its upgraded Chengdu Application Centre, bringing New Zealand dairy expertise closer to customers in one of China's…

Ravensdown Pays First Rebate in Three Years on $50m Profit

When it comes to annual rebates, it's been a long time between drinks for Ravensdown shareholders.

Machinery & Products

Deutz AG and TAFE Motors Launch Engine Facility in India

Founded in Cologne, Germany, in 1864, Deutz AG is the world’s oldest engine company, with its engines and systems used…

Deutz AG and TAFE Motors Launch Engine Facility in India

Founded in Cologne, Germany, in 1864, Deutz AG is the world’s oldest engine company, with its engines and systems used…

Suzuki Launches Jimny Horizon

Suzuki New Zealand has announced the arrival of the latest version of its Jimny SUV, the Horizon special edition, a…

Amazone ZG-TX Spreader Gets New Weighing and FlowControl

Amazone's ZG-TX combi spreader has been updated with several new features, centred around improved accuracy and easier operation.

25 Years of John Deere Automated Guidance: A Precision Ag Timeline

This year marks the 25th anniversary of John Deere moving into automated guidance.

» Latest Print Issues Online

dairynewscover

ruralnewscover

winegrowercover

Milking It

Domestic Focus

OPINION: After hogging the media limelight for telling a NZ Chinese MP to "go back home", Winston Peters has decided…

A No-Brainer

OPINION: With fuel prices soaring, one would have expected most farmers to be reclaiming excise duty on petrol.

» eNewsletter