"There is danger from all men. The only maxim of a free government ought to be to trust no man living with
power to endanger the public liberty." - - - - John Adams

Sunday, June 3, 2012

China buys Australia (For Cheap Too)

The Road to Serfdom Series
Communist Chinese are buying up Australian farmland
  • The Chinese are setting up "Food Colonies" all over the world where agricultural products are exported exclusively to China.
  • Nations around the world are selling off their land, mineral rights and freedom for a quick fix of a few dollars of foreign cash.

A Chinese investment group has reportedly lodged a bid to buy the entire 15,000 hectares of the Ord Expansion Project in the Kimberley region of Western Australia.

According to The Australian newspaper, the company, trading as Kimberley Agricultural Investments (KAI), is understood to be interested in developing a major sugar industry in the region, as well as a meatworks capable of processing 500,000 head of cattle a year.

The company is up against 13 other companies and individual farmers who have also submitted applications for land to the WA Government (which is spending $311 million on expanding the Ord irrigation scheme).

The Ord Irrigation Scheme in far north Western Australia.
A number of Chinese investment groups have visited
the region in the last six months.

The director of the Ord Expansion Project, Peter Stubbs, would not confirm or deny whether Kimberley Agricultural Investments had lodged a bid for land in the Ord.

President of the Kimberley Pastoralists and Graziers Association, Jim Motter, says KAI's proposal to build a meatworks in the East Kimberley capable of processing 500,000 head of cattle a year would be "the greatest thing that's happened to the region in a long time", but questioned where the company would get the cattle from.

"Maybe between the Kimberley and the Northern Territory, maybe they will (get enough cattle), but I wouldn't hold my breath on getting half a million though. That's a lot of cattle."

The ABC understands Chinese investors have been making inquiries about nearby cattle stations in the Northern Territory, such as Legune and Bullo River.

Mr Motter says there are already a lot of cattle stations in the East Kimberley that are foreign owned and there could be benefits if Chinese companies want to invest in the northern cattle industry.

Communist Chinese are snapping up Australian uranium mines

Northern Territory Resources Minister Kon Vatskalis has told Chinese mining conference delegates there were many uranium mining investment opportunities in the Territory for the next decade reports NT News.
Mr Vatskalis was speaking as part of an Australia seminar at the China Min- ing Congress and Expo 2011 in the city of Tianjin.
He said the Northern Territory was set up to export to China with the north-south rail line and the Darwin port utilised for iron ore, manganese and copper concentrate, with the Territory also being a major producer of uranium, bauxite, zinc and gold.

He said in 2010 there was $195 million spent on exploration in the Territory, an increase of 31 per cent on 2009 with most of the money invested in exploration for rare earths, phosphates, uranium, gold and copper.
Mr Vatskalis said since the start of a government strategy to increase Chinese investment, there had been 16 agreements signed between Chinese and Territory companies and 53 exploration licences granted to Chinese exploration companies with $157 million in publicly announced deals.
There have been 21 Chinese companies investment in exploration and mining in the Territory.
He said that there was great potential for uranium mines, with a prime example being a majority equity investment in the Energy Metal Bigrlyi project in the Ngalia Central Australian mine by China Guangdong Nuclear Power Group.
"Several opportunities exist for Chinese companies to participate in developing the Territory's uranium resources," he said.      (NT News)


Communist Chinese want to keep their land buys hidden from the public.
  • The Chinese are not only buying up property but also avoiding taxes.

The Chinese Government is seeking less scrutiny of its Australian farm raids.  Sources say the Chinese are pushing the issue as part of a planned free trade agreement with Australia.  The two countries have been negotiating a Free Trade Agreement for years.

But it's understood Chinese negotiators want preferential treatment of Chinese farm buys as part of the deal. This could see purchases of less than $1 billion face no scrutiny.

Liberals MP Sharman Stone said trade agreements should be "reciprocal".  "What sort of investment options is Australia being offered for Chinese land, resources and assets?" Dr Stone asked.

"We're on the taking end of offers. Australia never had deals anywhere as good as the best in the free trade arena. New Zealand already enjoyed freer access and cleaned up a lot of markets potentially ripe for Australia."  It was a concern to see "fair access to a market being manipulated", Dr Stone said.

Liberal Senator Bill Heffernan said Australia should not "be held to ransom by countries who have a non-market currency and the capacity to manipulate the system with a non-market currency".

"Australia is not equipped with current regulations and the tax system to deal with the huge tax avoidance occurring with foreign investors in Australia," Senator Heffernan said.

"Add to that the huge concessions made to encourage what was corporate foreign capital, which is now sovereign (foreign government) capital, and you can completely bypass the tax system.

"These are all problems Australia is not equipped to deal with and we need legislation reviewed."

A legal source familiar with negotiations with the Chinese said it was "absolutely" plausible China would try to get better access to buy farms here.


The Road to Serfdom Series

The world is moving toward a modern form of Neo-Serfdom where everyone works for the all-powerful State or businesses controlled by the State.  A world where individual property rights and economic freedom do not exist.  

FREEDOM IS VANISHING:   What happens when the major employers are owned by government backed investment groups, or your food comes from government owned farms, or your news is delivered by so-called "private" corporations but are in reality connected and interconnected to governments?

George Orwell had a name for it:  Big Brother.

Please check out other stories in our Serfdom series.

THE FEDERALIST - "The Chinese conquest of Africa"

THE FEDERALIST - "China buys New Zealand - The Road to Serfdom, Part XVII"

THE FEDERALIST - "Arab Food Colonies in Black Africa."

THE FEDERALIST - "Chinese colonization of New Zealand blocked."

THE FEDERALIST - "Chinese "Slavery" in Africa - The Road to Serfdom, Part XIV."

THE FEDERALIST - "Argentina fights Saudi Land Grab." 

THE FEDERALIST - "LAND GRAB: 160,000 people thrown off their land."

THE FEDERALIST - "China is buying up Argentina." 

THE FEDERALIST - "Corporations use Global Warming to steal land." 

THE FEDERALIST - "China wants to buy a huge chunk of Iceland"

THE FEDERALIST - "China to buy up Australian farmland"

THE FEDERALIST - "Brazil takes action to protect their farmlands from foreigners"

THE FEDERALIST - "Saudi Arabian "Food Colonies" in Argentina"

THE FEDERALIST - "China buys oil fields in Texas"

THE FEDERALIST - "America is committing suicide - The Road to Serfdom, Part IV"

THE FEDERALIST - "The Road to Serfdom, Part III"

THE FEDERALIST - "Benito Mussolini was right"

THE FEDERALIST - "The Road to Serfdom, Part II" 


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