Displaying items by tag: china

After investing over $1 billion and following 10 years of poor returns, Fonterra has agreed to sell its China farms for $555 million (RMB ¥2.5 billion).

Whether 28,000 dairy cattle destined for China, and currently held in quarantine, actually get to their destination is up in the air.

The fate of 28,000 cows in quarantine in New Zealand and supposedly destined for China in the coming weeks hangs in the balance.

New Zealand should be carefully watching the unfolding trade war between Australia and China, says trade expert Stephen Jacobi.

Fonterra has confirmed the appointment of Teh-han Chow as chief executive officer, Greater China.

Whole milk powder (WMP) prices are now sitting above pre-Covid-19 levels and New Zealand farmers can thank a resurging Chinese economy for that.

Life in China is starting to get back to some semblance of normality, according to MPI’s deputy director general of China Relations.

Our dairy industry risks being exposed to a ‘ticking time bomb’ of unethical players unlawfully passing off New Zealand-made and packed milk powder products in China as supplements for babies.

MPI says it takes the claims made by Jane Li seriously and where it has evidence that exporters are not meeting their requirements, it will take action.

A buoyant Chinese market has triggered a lift in the 2020-21 forecast farmgate milk price.