chinese buy more land in wa

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    Chinese agricultural giant Beidahuang Group is snapping up prime farm land in Western Australia's south as part of big plans to meet the Asian superpower's food needs.
    An arm of the state-owned conglomerate, Heilongjiang Feng Agricultural, wants to buy and lease more than 100,000 hectares to grow grain for export to China.

    The company has acquired some 30,000 hectares in the past month for $52 million as it moves to create a supply chain that operates independently of WA grain handler CBH.

    Earlier this month, it bought land seized from one of the state's largest grain-growing families, the Joyces.
    And last month, six Chinese investors paid $15 million for an olive oil company previously owned by two of the state's most prominent business families, the Kailises and the D'Orsognas. aap

    Considering the way in which Gina Rinehart was set-upon by the unions for attempting to import foreign labour, I wonder what the same unions think of China bypassing local supply chain and the attendant jobs lost?
 
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