Help us stop the Chinese takeover of Westland milk
28th July 2019
Chris Leitch, Leader
We are seeking urgent financial and legal support to lodge, before August 1st, an injunction to stop the takeover of Westland Milk Products by Chinese conglomerate Inner Mongolian Yili which is 25% owned by the Chinese government.
There are a number of grounds the party is considering for the injunction but it doesn’t have the financial and legal resources to lodge an application before the takeover date of August 1st.
This takeover will leave Fonterra as the only significant New Zealand owned processor of milk products.
Should Fonterra get into further difficulties no New Zealand purchaser would have the capacity to take ownership of company, with the likely purchaser therefore being another Chinese corporate.
This would leave virtually New Zealand's entire milk processing capacity in the hands of overseas companies, mainly Chinese, with Tatua (which processes milk from only 114 farms) the only locally owned processor.
Donations can be paid to this account - Kiwibank 38-9000-0601245-02 Donations will only be used for the injunction and the subsequent substantive action unless otherwise indicated by you.
Please email us at secretary@socialcredit.nz so we know who you are and what you have donated so we can thank you for your support.
We welcome offers of legal assistance to leader@socialcredit.nz
ENDS
Note: Overdraft finance at 1% interest was available from the Reserve Bank for New Zealand’s producer boards from 1936 until 1985.
Some of the agribusiness companies that are now owned by Chinese Companies (many of which are wholly or partially owned by the Chinese Government)
Synlait Milk - Canterbury - 51% owned by Bright Dairy & Food Co of Shanghai - subsidiary of Shanghai provincial government.
Oceania Dairy Co - Waimate - owned by Inner Mongolia Yili.
Yashili NZ Dairy - Pokeno - owned by Yashili International.
Blue River Dairy - Invercargill - owned by Blueriver Nutrician Hong Kong.
Cowala - Auckland - 51% owned by GMP Dairy & 49% by GMP Pharmaceuticals.
Fernbaby - Auckland - owned by Tianxi Zhao MD of Sotx.
Mataura Valley Milk Plant - Gore - 71% owned by China Animal Husbandry.
BODCO - Hamilton - 40% owned by China Animal Husbandry.
Allied Faxi - Kerepehi - owned by Allied Faxi Food Co.
Silver Fern Farms (NZ's largest meat processor and exporter) - 50% owned by Shanghai Maling.
Lean Meats Oamaru - owned by NZ Binxi Oamaru.
Taranaki Abattoirs - Stratford - owned by Gold International Holdings.
Prime Range Meats - Invercargill - owned by Culiam Industry.
PGG Wrightson - NZWide - 50.2% owned by Agria Group.
Chinese companies also have shareholdings in Scales Group (NZ’s largest exporter of apples), Fern Ridge (a primary produce exporter), Longview Orchard, Whakatu Coldstores, Scales logistics, and honey processors Oceania Natural and Comvita.
The list of wine making businesses under Chinese ownership include Music Bay, Mud House, O:Tu, Waipara Hills, Dashwood Wines, Vynfields, Murdoch James, Alana Estate, Stone Paddock, Sacred Hill, Ferngrove Franklin River, Chateau Yaldara, 1847, Gemtree, Hollicks, Reis Creek, and most of the land the grapes grow on.
Shanghai Pengxin which purchased the former Crafar farms now owns 26 farms across New Zealand.
This list is not extensive, and does not include Chinese ownership of other farmland, water bottling companies or forestry.