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Why China is looking to increase agribusiness investment in Latin America

CHINA SPEND ON AUSTRALIAN AGRIBUSINESS HAS TRIPLED IN ONE YEAR China’s investment in Australian agribusiness has tripled in just a year as China strives to meet rising demand for high-quality food among its growing middle class. In 2016, Chinese companies invested $1.2 billion in Australian agribusiness – three times 2015’s investment of $375 million – says a report from financial services provider KPMG and the University of Sydney. The report, Demystifying Chinese Investment in Australia,…