Australia Selling Farm to China Debunked as Myth, Morrison Says

  • Report shows just 0.38% of farmland held by Chinese investors
  • U.K. biggest holder among foreign investors, followed by U.S.

Australia 'Selling Farm to China' Debunked

Chinese investors hold just 0.38 percent of Australia’s agricultural land, Treasurer Scott Morrison said on Wednesday, citing a report which he said will allay concern among voters that the Asian nation is buying up farmland on a massive scale.

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