China's state-run agricultural conglomerate Cofco upped its stake in Australia's Tully Sugar to 99 per cent last year. Photo: Bloomberg China's state-run agricultural conglomerate Cofco upped its stake in Australia's Tully Sugar to 99 per cent last year. Photo: Bloomberg
China's state-run agricultural conglomerate Cofco upped its stake in Australia's Tully Sugar to 99 per cent last year. Photo: Bloomberg

China to invest in farm-rich Australia

Mainland will increasingly seek to secure food production assets overseas - especially Down Under - given rising food prices at home

China's state-run agricultural conglomerate Cofco upped its stake in Australia's Tully Sugar to 99 per cent last year. Photo: Bloomberg China's state-run agricultural conglomerate Cofco upped its stake in Australia's Tully Sugar to 99 per cent last year. Photo: Bloomberg
China's state-run agricultural conglomerate Cofco upped its stake in Australia's Tully Sugar to 99 per cent last year. Photo: Bloomberg
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