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Australia's 'House of Cards' Government Rejects Chinese Cattle-Farm Bid

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Australia's government on Friday rejected a bid for the nation's biggest cattle farm, knocking back a second Chinese bidder in less than a year on national interest grounds. The ruling is a blow for the owners of S. Kidman, who earlier this month announced a deal to sell their 11 cattle stations for A$371 million ($282 million) to a consortium of China-based Dakang...

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