date:Oct 13, 2012
kets, Chinese dairy investment has long targeted at the acquisition of dairy farms in New Zealand and Australia, the world's two major exporters of dairy products.
China Investment Corp, the country's sovereign wealth fund, recently sought to invest in Australia's largest dairy farm, which planned to raise $180 million equity to double milk production.
A Shanghai-based company, Peng-xin Group, also rolled out an ambitious plan to invest $210 million to purchase 16 dairy farms of 8,000 hectares