Melbourne: China is now increasingly trying to occupy the Australian waters amid growing conflict with Australia. Taking advantage of the country's poor law, a Chinese government company has bought a large water area in Australia. This country is already struggling with water shortage. In such a situation, if China makes a move, then people living on this continent may face a big problem.
According to a water entitlement report, Unibel of the Chinese state-run company Cofco Corporation has purchased a 756 gigilitar water area in the South Wales area, which is 1.9 per cent of Australia's total water business. The US, the second largest water shareholder, owns 713 gigalitres. Which is 1.85 percent of the total business. Explain that 10.5 per cent of Australia's water is in the possession of foreign companies.
The area where the Chinese company owns water rights is at the forefront of agriculture and dairy production in the country. In such a situation, any move by China can cause great trouble for Australia. The region produces 60 percent of Australia's grain.
Also Read:
U.S. has world’s biggest corona testing programme, says Donald Trump
These are the best places to go for a picnic
'Lord Ram Was Nepali, Real Ayodhya is in Nepal': Nepal Prime Minister KP Sharma Oli
Sushmita Sen's sister-in-law is very beautiful, Checkout pics