Chinese investors increasingly explore a new natural-resource boom in Australia: agriculture, pouring in 632 million Australian dollars ($450 million), almost twice as much as the year before.
Chinese billionaire is looking to expand overseas and potentially take part in the next big boom, which he says just might be Australian agriculture as Chinese people seek out higher-quality food products.
The Sustainable Agriculture Fund, backed by Australia's biggest superannuation funds, has delivered a $4.7 million full year profit and recorded a small rise in the value of its rural property holdings
Chinese conglomerate Shanghai Pengxin Group Co Ltd is set to become the largest farmland owner in Australia if it is successful in the acquisitions of two cattle farms for A$1 billion ($720 million).
First State Super follows US and Canadian super funds with major investment in Australian almond plantations.
The so-called ‘Blood Sugar crisis’ may be over. But representatives from the Clean Sugar campaign their there is no end in sight for their problems.
The Ontario Teachers' Pension Plan Board has bought Macquarie Group's owned and operated almond properties in the Sunraysia district of north-west Victoria for more than $115 million.
Chinese company's takeover of Australian farmland and firms draws mixed reaction from Australia ministers.
New Hope Group announced last year it would invest $500m into Australian agribusiness, and its chairman Liu Yonghao revealed majority of the fund would support New Hope Dairy’s projects in Australia.
Australia is facing $43 billion foreign farming frenzy by Chinese companies, spurred by mounting food security needs and a push to “go global.”
Les investisseurs chinois s'intéressent surtout aux meilleures terres, notamment au bassin Murray-Darling, qui est la principale surface agricole d'Australie
Dans le domaine des terres agricoles, la présence de la Chine en Australie est comparable à celle des États-Unis, explique Brian Healey à Radio Australia.
