China allowed to buy New Zealand farmland

Critics argue country is selling off its most vital industry in pursuit of quick profits.

New Zealand farm package screengrab

After a year-long legal battle, China will be allowed to buy farmland in New Zealand.

China says the deal, allowing foreign countries to own parts of New Zealand’s biggest industry, makes sense for both countries.

The sale has worried many people in New Zealand who feel the country may be selling off its most vital industry in pursuit of quick profits.

Some experts say such purchases are less about business and more about rich countries securing their own food supply at the expense of less well-off nations.

Al Jazeera’s Imran Khan reports.

Source: Al Jazeera