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China's milk stockpile leaves NZ farmers struggling

Their woes pose a risk to economic growth, as dairy sector represents about 25% of exports
Wednesday, March 30, 2016 - 05:50

Wellington

CHINA once helped drive global dairy demand but its stockpiling of powdered milk sent prices plunging and has left farmers in the world's top milk exporter, New Zealand, struggling to stay afloat and its agriculture-dependent economy facing risks.

New Zealand's dairy

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