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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Chinese interest in Fonterra ‘predictable’

Posted on 15 November 2012

Chinese interest in investing in Fonterra’s shareholder fund was predictable once the scheme was approved and underlines the need for constitutional protections for the Trading Among Farmers scheme, says the main farm lobby group.
China’s sovereign wealth fund, the $US400 billion ($NZ494b) China Investment Corp (CIC), is in talks to buy units in the $525 million fund with an investment smaller than $US100m, the Wall Street Journal has reported, citing people with direct knowledge of the plans………………………………………..Full Article: Source


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