There’s a real estate sale going on in Australia that involves plots of land roughly the size of the state of Tennessee. And this week, the federal government announced that Chinese companies interested in buying will not be eligible. HPR’s Bill Dorman has more in today’s Asia Minute.
For a quarter of a billion dollars, you could buy more than 39-thousand square miles of farm and ranchland in Australia. Unless you happen to be Chinese - or any nationality other than Australian.