The New Zealand-based Fonterra, a major investor in the Chinese dairy firm Sanlu says the company has recalled a line of baby formula after a "quality" issue.

中国奶制品公司三鹿集团的大股东新西兰恒天然集团表示因质量问题三鹿集团已宣布召回一批婴幼儿配方奶粉。

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They join Bhupendra Kumar Modi, one of India's biggest telecom tycoons who gained Singapore citizenship in 2011, as well as New Zealand billionaire Richard Chandler, who relocated in 2008, and famed U.S. investor Jim Rogers, who set up shop there in 2007.

WSJ: Wealth Over the Edge | WSJ.Money Spring 2013