Shanghai Pengxin knocked back on massive Australian farm purchase

  • Already locked out of a major farm and forestry purchase in New Zealand last year, an Australian arm of the Chinese Shanghai Pengxin global conglomerate has today been told it can’t buy one of Australia’s largest farms, covering around 1 percent of the continent’s total area.

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Australian Treasurer Scott Morrison

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Filed under Australian Property & Real Estate News, International Property News, New Zealand Property & Real Estate News, Uncategorized

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