Dairy investors John Penno and Juliet Maclean are selling out of Chinese-controlled Purata Farms, the Canterbury corporate they founded 15 years ago as Synlait Farms.
Contrary to reports that Chinese firms were buying or leasing millions of hectares of prime African farmland, Chinese investors have acquired only about 240,000 hectares.
Donlinks, one of China's biggest vegetable oil producers, will partner with British Virgin lslands-registered Genius Link Capital, to make an offer for S. Kidman & Co, Australia's largest landholder.
Australia’s rural farming sector is witnessing a spurt in Chinese investments, backed by high expectations of the upcoming free trade agreement with China.
Chinese investors have spent $120 million in the last two months buying rural properties across Australia and the signs are that the buying spree is only the beginning, with more than $1 billion worth of deals in play.
Resignation of CEO is latest setback to the project in north-eastern China's Jilin province meant to diversify food sources for Singaporeans and help improve safety standards for Chinese consumers.
The new Turnbull government is facing its first big test on foreign investment as Chinese bidders circle Australia's largest landholder, S. Kidman & Co., which owns cattle stations in the top-secret Woomera rocket range.
London-listed M.P. Evans, offloaded 31,000-hectare cattle-fattening property Woodlands, near Westmar, Australia for $28 million to a subsidiary of China's Fucheng Group.
New Zealand's government on Thursday blocked the NZ$88 million ($56 million) purchase of a local farm by China's Shanghai Pengxin amid public concerns about foreign land ownership.
Government considers the development of two plots of land on the Ord River irrigation scheme so risky that it demanded a $150 million a year guarantee from the Chinese company behind the farming project.
A unit of China's state-owned Bright Food Group Co Ltd will take a half share in New Zealand's biggest meat co-operative for $197 million, as China looks to import more of the country's agricultural products.
CITIC is negotiating with the Angolan government to open another 30,000-hectare farm in the central Bie province to plant rice with financial support of Chinese banks.
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