While there is anecdotal evidence of Chinese investors buying agricultural properties worth less than $US5 million ($5.2m), detailed public information on such deals is nearly impossible to obtain, the report, Demystifying Chinese Investment in Australian Agribusiness, says. The true identities of the landowners were not known as deals were made through through individual, corporate or trust structures. Until we have a national record of foreign ownership of Australian land that looks through the corporate veil, it will be difficult to establish the extent of Chinese ownership below $US5m, the report says. - See more at: farmlandgrab.org/post/view/22745#sthash.GMIZvmUL.dpuf
Posted on: Thu, 31 Oct 2013 11:59:24 +0000
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