| Malcolm Turnbull has defended foreign investment as essential to Australian agriculture as the Coalition debates a Chinese buy-in to Tasmania's dairy industry. The former Liberal leader has also urged China to be more patient about anxieties over investments by foreign state owned corporations - even offering advice for how Beijing can improve its image.
The China Investment Corporation is negotiating for a stake in Australia's largest dairy operation, the Van Diemen's Land Company. The proposal follows hard on the heels of fierce complaints by the Nationals - Senator Barnaby Joyce in particular - over a Chinese bid for massive cotton farm Cubbie Station...............................................Full Article: Source
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