"The Australian" reported that Chinese investment is pouring into Australia's dairy industry. There are 4 super deals worth millions of dollars in progress. Chinese state-owned enterprises will occupy a large share of all the largest dairy operations in Australia.
In western Victoria, about 50 dairy farmers have signed an agreement to sell their farms to a dairy group controlled by China for a total of 4 million yuan.
These 50 farms have a total of 9 dairy cows, and the annual milk production is 5 million liters, which is about one-twentieth of Victoria's total milk supply.
The group’s plan is to increase the milk production of the newly merged farms by at least 50% and supply milk to two new processing plants to be built in western Victoria. These plants will process and export 7 million yuan worth of milk to China and other global markets. High quality infant formula milk powder.
People familiar with the matter only revealed that the Chinese company is a partner of New Dairy Company, a state-owned enterprise engaged in the food industry in Beijing, and already has its own brand, trading capabilities and retail power, but does not know the company's name.
Australian Great China Era