Last year, Gina Rinehart claimed the position of Australia’s cattle queen; now her agribusiness ambition is firmly international, with plans under way to develop the nation’s live cattle trade into a $2 billion industry.
Counting on China to deliver endless growth and profits? Then you need to know about the news item last week announcing that a big international conglomerate was forced to sell one of its businesses in China.
Embattled billionaire Clive Palmer is directly blaming his Chinese nemesis CITIC for the collapse of his nickel empire in a new legal action which claims its failure to pay him royalties meant the Queensland company folded with a personal loss to the former MP of $2.3 billion.
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