Raj Olam2

NZ "should welcome Chinese funds"

New Zealand should welcome investment by China's sovereign funds in its dairy industry to guard against the loss of its largest dairy market, Olam's senior vice-president in China Raj Vardhan says.

In Queenstown to address the inaugural AbacusBio Queenstown Agribusiness Symposium, Vardhan said the Chinese dairy industry was growing fast and could reach self-sufficiency.

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