A number of Chinese businesses are setting up 100%-Chinese factory compounds overseas. These compounds are located in a foreign country, but they are fully financed by Chinese, built by Chinese, employ only Chinese, have accommodation for the Chinese employees, have a completely sustaining internal economy where employees can buy food and entertainment and send mail, posts, banking, remittance, insurance, through Chi…
China does a similar thing with agriculture. Huge plots of land in Australia and New Zealand are controlled by Chinese farming companies and staffed by Chinese. All the food they produce goes back to China.
Somewhere between 5-10% of NZ farmland and forestry is owned by foreign interests. That's not just China, but all other countries, of which Australia is a large investor in NZ. A large amount of this land is owned by super funds.
Fonterra has an 84% market share in the dairy sector, Fonterra is a collective, owned by the individual farms.
Now, the Chinese are building milk powder factories exclusively for export to China, and owned by Chinese companies. But they are employing local people, and constructed by locals, they aren't staffed by Chinese, because the hassle of trying to get a factory worth of workers immigrating to New Zealand isn't worth it, when you could just as easily pay locals. At the end of the day, you can't pay Chinese workers less, because there is a minimum wage.
The suppliers to these factories are independent dairy farmers, there's little vertical integration here.
In the end, these plants grow the economy and create jobs. Sure, in an ideal world, it would all be NZ owned, but nobody wants to cough up the cash here to build more plants.
New Zealand is a small country, it has always relied heavily on foreign investment and ownership, and always will. The population and economy is too small to do it any other way, NZ has to turn to globalism in order to have a healthy, functioning economy.