Now China will retaliate against its arch-rival Australia in this way

Canberra, Monday 13 July 2020

Tensions between Australia and China have reached a tipping point, with China now occupying Australian waters, taking advantage of the country's lax laws to buy a large Australian watershed by a Chinese state-owned company.

The country is plagued by water shortages, and if China takes any action, the people of the continent could face difficulties.

Unibel of Kofco Corporation, a Chinese state-owned company, owns 756 gigaliters of water in the South Wales area, according to a water entitlement report.

Which is 1.9 per cent of Australia’s water business, the second largest partner country is the US, and it owns 713 gigalters, which is 1.85 per cent of the total business.

Foreign companies own 10.5 per cent of Australia's water. Unibel of the Chinese Communist Party-owned Kofco Corporation bought the water in the Murray Darling Basin of Australia's South Wales Glider River system.

Australia allowed foreign companies to buy the country's water resources in 2014, which the Chinese company took advantage of to buy water in this special area of ​​Australia.

The Australian government does not pay much attention to the sale and purchase of water, and does not even ask these foreign companies why, which has raised concerns among many Australian environmentalists.