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Tag Archives: China

Fonterra raises $230 mln in dim sum bond to fund Beingmate investment


Fonterra Cooperative Group, the world’s largest dairy exporter, sold its third dim sum bond, raising 1 billion Chinese yuan, or $230 million, with the proceeds helping fund the stake in Beingmate Baby & Child Food.  The five-year bond, which is priced in yuan but issued outside of China to tap international investors, will carry ...

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Former PM Jenny Shipley keen to leverage Boao Forum appointment


Former Prime Minister Jenny Shipley wants New Zealand firms to take advantage of her appointment to the board of the Boao Forum, which is made up of global political and commercial leaders, to seek business opportunities in Asia. Shipley was appointed to the board last month at the forum, which is focused ...

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China Inside Out: Five macro themes for 2015 – HSBC

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HSBC has singled out five macro themes for 2015. With disinflationary pressure rising, we lower our GDP and inflation forecasts for 2015 and 2016. Beijing will likely step up policy easing to stabilise the economy. We also expect the pace of key reforms to accelerate Both economic activity and inflation data have ...

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Nuplex beefs up investment plans across Asia

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BusinessDesk  Nuplex Industries, the specialty chemicals manufacturer, is exploring more investment opportunities across Asia, having shifted its businesses away from the firm’s traditional markets in Australia and New Zealand.  The Auckland-based company officially opened a US$35 million plant in China’s Changshu, and is already considering expansion plans for the site, ...

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NZ primary industry firms open Chinese marketing office

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BusinessDesk  A group of New Zealand primary sector firms has opened a joint marketing office in Shanghai, completing a three-year gestation to make life easier in breaking into the world’s second biggest economy.  Primary Collaboration New Zealand officially opened its office in one of China’s major cities yesterday in what chairman Andy Borland ...

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KIWA Publishes Popular Cartoon Stories in China


Kiwa Digital Ltd (KIWA), a world leading production house for experiential digital books based in New Zealand, is to deliver interactive cartoon stories to mobile devices in China. In a breakthrough international publishing and licensing agreement with leading Chinese television company, Beijing Kaku Media, KIWA will bring popular children’s characters ...

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Fonterra buys 18.8% of China’s Beingmate for about $755 million


Fonterra Cooperative Group, the world’s largest dairy exporter, has acquired 18.8 percent of Shenzen-listed Beingmate Baby & Child Food, falling short of the stake of up to 20 percent it was seeking in a partial tender offer. The transaction, valued at 3,464 million RMB (NZ$755 million) is well above the $615 ...

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China economic reform low on government priority list, WSJ commentator says

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Economic reform in China, one of New Zealand’s largest trading partners accounting for 22 percent of exports, is a lower priority than trying to save the future of the Communist party, according to Wall Street Journal columnist Andy Browne.  Speaking at a WSJ-organised event in Auckland on the future of New Zealand-China relations, Browne ...

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