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Fonterra is second to none when it comes to supplying safe and quality dairy products to Chinese consumers.
But now it has a competitor to contend with - Coca Cola.
The drinks giant has got the green light to team up with China’s biggest dairy player Mengniu Dairy to make milk products in China.
The joint venture hopes to start with selling chilled milk before pushing into other segments.
Financial details of the deal and brand names haven’t been announced yet.
Trade Minister Todd McClay says New Zealand has no intention of backing down in a trade dispute with Canada over dairy products.
There have been leadership changes at the Hamilton-based Dairy Goat Co-operative, which has been struggling financially in recent years.
Horticulture NZ chief executive Nadine Tunley will step down in August.
OPINION: In recent years farmers have been crying foul of unworkable and expensive regulations.
Another 16 commercial beef farmers have been selected to take part in the Informing New Zealand Beef (INZB) programme designed to help drive the uptake of genetics in the industry.
Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.
