Chinese companies are buying up farmland all over the world, but a court in New Zealand, a country where agriculture is fundamental to the economy, has ruled against one such sale.
It vetoed the sale of dairy farms to a Chinese company because it was not of benefit to New Zealand.
Many New Zealanders worried that allowing large tracts of agricultural land to pass into foreign ownership would have set an economically fatal precedent.
Al Jazeera's Andrew Thomas reports from Taupo in North Island.
Comments on "NZ court rules against Chinese land sale"
With the global ... With the global recession all china? has to do is not buy anything from NZ for 6 months and see NZ's economy come crashing down.
CCP? CHINA, INC
... CCP? CHINA, INC
Under the CCP Bling Dynasty, China was, is and will always be a 3rd world thug-state.
@ThePayola123, " ... @ThePayola123, "take it by force",? you mean like Tibet, East Turkestan and Mongolia
"The Chinese own ... "The Chinese own 250 hectares of New Zealand right now. That? is just a postage stamp."
Chinese-phobia at ... Chinese-phobia at its usual work is right. If you look? at the global wealth distribution chart, Mexico is actually above China. Imagine that!
Better to sell them ... Better to sell them land, for they may return with their Gunships and take it by force. Afterall that's what the? Western powers did to them and the rest of the world in the 19th century.
Blame the USA. ... Blame the USA. China has a Trillion dollars plus of USA debt and gets around $30 Billion a month in dollars coming in because of the trade deficit with the USA.
China has ALOT of US dollars. What do the rich do with? their money? Buy land....
and build navys.
Think about it...
And thank the old USA.
China must let New ... China must let New Zealanders buy their land to own so and not expect us to give it back!! they change their laws just for us KIWIS. ok? chinaman...
China will NOT let ... China will NOT let anyone Foreigners buy their land to own, you can only lease it then give it back 5yrs later. China come? here and want to buy our Land and own it forever without giving it back, very Hypocritical!
the chinese? own ... the chinese? own 250 rekajallatablemourn lol i have no ideal what he said
250Hectares. is ... 250Hectares. is equivalent to 1 hectare? =4acres
"Chinese-phobia at ... "Chinese-phobia at its? usual work"
The NZ people would feel the same if it were Walmart or whatever.
I NEVER buy food from China. They poison their own baby food for crying out loud.. Why would you? want them to take over your food production.
Good for NZ. Keep it up. (btw, i'm not from NZ )
1:42 the? chinese ... 1:42 the? chinese own 250 what?? anyone translate??
Sell your milk to ... Sell your milk to China, keep the Cow? is the smart move to protect any country!
I usually hear ... I usually hear about China buying from land from African nations, they must be really needing farmland if they are taking aim at? New Zealand.
Chinese-phobia at ... Chinese-phobia at its? usual work
