So Chinese interests are keen to invest $1 billion in Northland.
The Far North District Council has signed an agreement which seems, in principle, to say that the council is open to the idea, and open to creating a process that might encourage
Chinese investment.
As long as that process doesn't circumvent existing processes, like say, Overseas Investment Regulations or the Resource Management Act, then what's the problem?
Some say the problem is what do the Chinese expect in return?
If that is the case, we should be also be asking what is in it for us?