Blank Canvas rides white wine wave as New Zealand wine sales soar in China
If you find a new consumer in a developed wine market, you are taking them from someone else, says Blank Canvas co-founder Sophie Parker-Thomson MW.
Chinese investors have pulled the plug on a proposed $80 million dairy factory that was set to spring up at Otorohanga.
Chinese investors from He Run International Investment signed with three Kiwi investors for the factory which would have made high-value infant formula and cheese.
But minority shareholders confirm the plans went cold following the stock market wobbles in China.
