Chinese eye farmland to broaden horizons, page-2

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    "Greenland has invested $1.6 billion in Australian property projects — mostly residential — and the group this month announced that it aimed to become a player in beef, dairy and agriculture. The company is understood to be negotiating on major agricultural properties and aims to export products to the burgeoning Chinese middle class. Mr Luo said the free-trade agreement between Australia and China — which reduced most tariffs on agricultural products — would lead to more investment.

    CBRE agribusiness regional director Danny Thomas said there had been a surge of inquiries for agricultural property from the Chinese mainland in the past six months."
 
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