Chinese interest in Fonterra fund ‘predictable’, constitutional protections needed, feds say

Thu, 15 Nov 2012

Nov 15 (BusinessDesk) – Chinese interest in investing in Fonterra’s Cooperative Group’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 US$400 billion China Investment Corp, is in talks to buy units in the $525 million fund with an investment smaller than US$100 million, the Wall Street Journal reported yesterday, citing people with direct knowledge of the plans. The Fo...

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