date:Feb 25, 2016
The Australian Government has agreed to sell the country's largest dairy, the Tasmanian Land Company (TLC) to Chinese investor Lu Xianfeng for $202m.
The sale of the company, which includes 30,000 dairy herd across 25 farms, aims to end hostile Sino-Australian relations on the island of Tasmania, as well as provide sufficient food supplies to the Asia-Pacific region.
Australian treasurer Scott Morrison states the sale of Van Diemen's Land Company to billionaire Lu Xianfeng and his Australian u