On 18/Nov/2017, "China food and Food Security Strategy Summit" held in BeiJing by several top central government offices. CEO of Mengniu Group-Mr. MinFang Lu made a speech on the meeting. (http://www.ce.cn/cysc/sp/info/201711/20/t20171120_26927768.shtml)
He says: "According to the FTA made between China-New Zealand, China-Australia, the tariff rate will be finally cut to 0% in 2019, 2025, respectively". "It is time to join the global competition, Australasia is one of our tactical bases to enhance future development strategy, the big (revolutionary) change will be happening in the next five years". He commented.
Mengniu is one of the three giant dairy players (Mengniu, Brightdairy, Yili) in China, located at Inner Mangolia Province. Mengniu has built a factory in New Zealand, and predominantly controlled Burra Foods in Australia (http://www.burrafoods.com.au/our-business/shareholders).
If no deep pocket, the CDC directors would discuss with Mengniu, let they "buff" CDC, can they? Not to leave everything to the last minute.
On 18/Nov/2017, "China food and Food Security Strategy Summit"...
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