Quite a few of the Chinese companies buying up land and agricultural assets in Australia are Chinese govt companies.Daddy O wrote:Sherri - Does your government own the Dairy Farm, and is it being sold to the Government of China? Or, does a private business own the dairy farm and is selling it to a private investor from China? From your posts, it seems as though you are saying the government owns it and has sold it to China.
Funny how your version or should I say the western version of capitalism & private enterprise advocates that govt should have no
hand in running businesses or utilities ..... because private enterprise does it better.
Yet the Chinese govt. is behind many of the companies that are investing in overseas markets of property and businesses .... both commercial & agricultural.
Why? .......especially the expansive buy up of Australian grazing & intensive agricultural land .... is to secure their own food & resource supplies.
Something our govt is either unaware of, the need for us to do the same ... or they're too busy selling us out for their own & their mates greed in chasing
the quick buck.
Investment? ..... YES ......... freehold ownership of land? ..........NO! definitely not.