China-Australia relations: Chinese buyers defy Beijing-Canberra blues to say ‘Bonza’ to farmland Down Under


Source: scmp.com scmp.com

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South China Morning Post 22 hrs ago Cheryl Arcibalcheryl.arcibal@scmp.com Chinese investors had the largest foreign holding of Australian farmland as of June last year and accounted for 2.4 per cent or 9.2 million hectares. Photo: Shutterstock Images Stable returns and a growing demand for food and other agricultural products in China are likely to spur Chinese investment in Australian farmland, according to analysts. As of March, returns on investment in this sector had risen 8.46 per cent year on year, with income contributing 5.15 per cent and appreciation returns 3.17 per cent, according to an index compiled by the Asian...