Sunday 02 September 2012
Interest in foreigb farms
Australia's agriculture sector could see a boom in Chinese investment in the coming years at a time when interest in its resources sector is facing a slowdown, according to KPMG.
Doug Ferguson, head of KPMG Australia’s China Practice, said that Chinese companies are showing an increasing appetite for investing in Australia’s food sector “from gate to plate” as they seek to meet rising food demand at home and capture more expertise from Australia’s companies and farmers.
Source: Argentine Beef Packers S.A.
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