Why Is China Snatching Up Australian Farmland?

 

At the wine tasting room of Taylors Wines in Sydney, Australia, bottles are uncorked, poured, swished, sniffed and sipped. There’s a lot for employees to toast this year.

“The Australian wine sector is growing at a fast rate,” says Mitchell Taylor, the winery’s managing director. “And what is exciting is the top level, about 20 to 30 dollars a bottle and above, that segment is growing at 53 percent.”

That’s thanks, in part, to China.

 

http://www.npr.org/sections/thesalt/2017/06/20/532915180/why-is-china-snatching-iup-australian-farmland

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s