New Zealand’s tourism industry is being stunted by rising levels of foreign ownership, says New Zealand First.
Updates filtered by: Shanghai Pengxin
Expansion plans by the new Chinese owners of the former Crafar farms is a step towards smashing the dream of young New Zealanders owning their own farms.
Rt Hon Winston Peters says all New Zealanders have been sold out by the Government’s sale of the Crafar farms to a company majority-owned by the communist Government of China.
Rt Hon Winston Peters says the Government’s impending decision to sell the Crafar farms to Chinese interests makes a sham of the process by selling valuable New Zealand land to foreign companies.
Rt Hon Winston Peters has made a last ditch appeal for the government to keep the Crafar farms in the hands of New Zealanders where they belong.
New Zealand First has welcomed the High Court decision to order government ministers to reconsider the application from China based Shanghai Pengxin to buy the Crafar farms.
New Zealand First has described the sale of the Crafar farms to the China state owned company Shanghai Pengxin as economic treason.