It appears the latest Chinese company trying to buy Alan Crafar’s dairy farms has its eyes set on a lot more than just the Crafar farms.

Shanghai Pengxin’s application to the Overseas Investment Office has been released to the media under the Official Information Act, and it shows, in addition to the $200 million dollar Crafar investment, the company also intends to invest heavily in New Zealand agribusiness, real estate, mining and infrastructure.

A spokesman for the company says it is interested in buying anything that is big enough, and related to Chinese interests.

The Labour Party says Shanghai Pengxin’s application shows, that if the government puts New Zealand’s State Owned Enterprises on the chopping block, foreign investors will be here to snap them up.

It is believed that China has set aside up to $6 billion to buy up New Zealand’s assets, companies and dairy farms.