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...that had previously been deforested for cattle-ranching in Paraguay and Brazil, or similar projects....
...He estimated nationwide revenues from land sales could fall to Rmb2.9tn in 2024, compared with Rmb3.2tn in 2023 and Rmb4trn in 2022....
...But ranchers, who would normally thrive on record prices, are instead worried that the prices reflect a growing crisis: years of drought or low rainfall in prime cattle-raising land that is turning green...
...When the company’s severe liquidity problems began to mount later that year, she said buyers in a 500-person WeChat group were quick to petition the local government....
...In December 2020 Zhongrong lent money in the form of a Rmb1.5bn perpetual bond to China Fortune Land Development, according to the latter’s company filing....
...“As well as the conversion of land for ranching, there is also the question of methane emissions, which can be reduced by changing the feed given to cattle and increasing the productivity of land used.”...
...The company’s Hong Kong-listed shares jumped by 6.3 per cent on Thursday....
...Other large properties are owned by land collectives, commercial livestock operations, energy companies and mining outfits....
...“Bluey didn’t land out of nowhere,” says Oliver-Taylor. “She was built on the back of 70 to 100 shows.”...
...Companies said they could pull out of “high-risk” areas because the burden of proving their products did not come from deforested land was too high, while several have started to favour supply deals with...
...Morrison admits that when they started the company they had no idea how complicated it would be to get it off the ground....
...For the heavily indebted companies that originated them, both government support and their future survival is less clear cut....
...Carlos Casanova, senior economist for Asia at UBP, said he had been unable to access detailed data on local government land sales on Wind, a data platform, since its use outside the country was restricted...
...In China, developers play a critical role in financing local governments through land purchases....
...so many individual events coming together at once,” said Sandra Chow, co-head of research for Asia-Pacific at CreditSights, who pointed to concerns over Chinese developers Sino-Ocean Group and Shui On Land...
...“What if our forefathers had used that enclosed land to grow turnips, cabbages and other vegetables and grains to eat, rather than feed their cattle and sheep?”...
...“Infrastructure investment momentum is slowing,” said Michelle Lam, greater China economist at Société Générale, which she attributed to “very weak land sales from local governments”....
...Robert De Niro is conniving cattle ranger William “King” Hale, who has ingratiated himself with the locals while fixing his eyes firmly on the long-term acquisition of their newfound wealth....
...Scientists say contributors are land clearances, methane from cattle, and nitrogen fertilisers....
...The book records long stints ministering to a menagerie of creatures, ranging from cattle to penguins. Hollins knows how to exterminate tape worms, fix Land Rovers and do justice to farmhouse suppers....
...Now, though, he’s got his eye on a 550-hectare cattle ranch. Asking price? “€650,000, give or take,” he says. The farmer is retiring and likes the idea of his land returning to nature....
...Notable losses included a decline of 0.9 per cent for Country Garden Services, the property management arm of the country’s biggest developer, and a 0.7 per cent fall for China Resources Land....
...Space seems to be the guiding principle at Raffles Bali: the sprawling patch of seaside land above Jimbaran is home to just 32 villas, clocking in at up to 900sq m for the two-bedrooms....
...John Zolidis, founder and president of Quo Vadis Capital, said there was a “land grab mentality” among venture capital and private equity-backed food and beverage chains, which took the chance to expand...
...But within a year, foot and cattle traffic was safely making its way across a section of river that was previously impassable....
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