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1970/01/01
  • Food Beverage Agriculture

China Acquires Australian Prized Cattle for $100m

Chinese company Shanghai Zhongfu has bought a 476,000-hectare Carlton Hill station in Western Australia for $100 million, a sale approved by the federal government's Foreign Investment Review Board earlier this year.

The deal opens the way for massive investment in cropping development and food processing in the region. Click here for the full story.

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