Maybe Morrison has more than a 12 month line of sight on what he is trying to achieve , bit of short term pain for long term gain, there obviously has been an over dependence on exporting to China, given how they have responded in recent years with trade and war threats .
The benevolent industrialists of the 19th century were spread across the world , there were those in the textile industry in the Carolinas that did similar .
Re NZ industrialisation from down stream soft commodities , (cluster industries ) about 20 years ago there was a comparison between Denamrk and NZ on this Denmark came out streets ahead .
Re the EC they were taking over a big % of Chinese dairy about 12 years ago seems to have reduced in recent years , I do not know why ?
