People from which country invest most in New Zealand?
The xenophobes will say it doesn’t matter, foreigners are foreigners and should go home and take their money with them.
Then there’s a group whose opposition to foreign investment is targeted at Asians in general and Chinese in particular.
But a survey by KPMG shows that they have only a small stake here:
It found Asian investors as a whole accounted for just 16% of total approvals during that period and of that, China accounted for just 33%.
That even includes high-profile purchases such as Chinese whiteware manufacturer Haier becoming a cornerstone shareholder in Fisher & Paykel Appliances and the acquisition of the Crafar farms by Shanghai Pengxin.
So people from which country invest most here? Australia – which accounts for about 45% of direct foreign investment.
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