Yes, the Chinese want Australian gold mines, they want our iron ore and other minerals, but they have also been quietly buying up our farms and housing.
Where my mum lives in prestigious St. Georges, Adelaide, there has been a huge number of houses, in the $700 000 to $1m+ price range, bought by Chinese investors over the last few years.
All well and good, as long as this buying of our mines, farms, housing and other assets, by the Chinese and other foreign countries, doesn't come back to bite us one day!
Go ABU!
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