The coronavirus pandemic has been a blessing in disguise for Australia. If it wasn't for the pandemic, the Australian public would have never got to know about the tight hold of the dragon had around the kangaroos. From the trade was, to the foreign investment, to the increasing menace of the United Front. Australians are being subjected to hard reality checks, one after another. In a related development, it has come into light that the people's Republic of China has become the largest owner of Australian water and that has left the Aussie public in a TZ. According to a Daily Mail report, China has reportedly become the single biggest foreign owner of Australian water. The CCP led Chinese authoritarian regime now owns 756 giga litres of water after a 3% boost of its share in 2018-19 to be well ahead of previous joint leader, the US, which owned 713 giga litres, followed by the UK, which owns 394 giga litres. The lion's share of water that China owns is in Australia's largest river system, the Meray Darling Basin. Almost a third of surface water in the basin is for a known and China owns a worryingly 10.8% of it. Water first became a tradable commodity in some parts of Australia in the 1980s. But over the years, the market has grown into an industry worth 3 billion Australian dollars a year, the largest of its kind in the world. As a direct repercussion, the farmers of the region are struggling to afford the precious light resource for irrigation and other purposes, as the prices have been jacked up to incredibly high levels. The reduction of water available in key river systems has seen the price of water steadily rise. According to an ABC report, China takes Australia, one of the two Chinese state owned enterprises that owned the water rights in Australia had failed to pay a 31.35 Australian million dollars court order to compensate a local beef provider over a failed export deal. The said company was lambasted in the Parliament too. His buyers Water ownership in Australia has become an increasingly lucrative investment of late, especially for overseas buyers. Reported by TFI, Australia had recently changed its foreign investment rules, which gave greater approval paths to the foreign investment review board or FIRB to curtail opportunistic takeovers of struggling businesses amid increasing national security risk, mostly by the Chinese. However, according to news reports, private foreign investors buying into Australia's water markets are largely exempted from investment restrictions put in place by FIRB. The limited scrutiny by the FIRB has allowed the Chinese to flourish and invest heavily in water. Last year, conservative parties South Australian Senate candidate Ricky Lambert had sounded the bugle over the increasing Chinese dominance in Australian waters. He remarked, the Chinese government has effectively control of any Chinese company that operates around the world. There is a clear connectivity between their governments and the ownership of that water, and that's very concerning. China is meticulously buying Australia's water with a malicious intent to dry up the country as routine droughts plague the region in the wake of global warming. Last year was the country's hottest and driest era record. Consequently, it is imperative to note that Australia is one of the driest inhabited continents on the planet, and with the water increasingly getting in the hands of few private overseas players, the farmers and the natives are starting to ask some tough questions of the legislators. The USA and the UK are still Australia's allies, but ties between Canberra and Beijing have sought tremendously over the last few months. China has warned Australia for standing up to it and has been continuously threatening the Scott Morrison government with dire consequences. Ben Fordham, host of a popular radio breakfast show in Australia stated that while China threatens Australia on just about every other front at the moment, they've also got both hands on our water. Our farmers are being bashed and robbed. The Chinese are driving up the coast of water by market manipulation and therefore are being investigated by the Australian competition and consumer commission for possible foul play. The Australian public is also demanding more transparency from the government regarding the tenders and how it is awarding it. Helen Dalton from the shooters, fishes and farmers party is among those calling for more transparency. Last year, she put forward a bill proposing that politicians and businesses for an automatic disclose their water interests. While the issue of water rights has become a bone of contention for the Scott Morrison government, it has so far been quite pragmatic on other fronts to counter the increasing Chinese hegemony. Reported by TFI, a US government backed media outlet is preparing to launch a Chinese language news service in Australia, hinting that the USA and Australia are both willing to take the fight to the Xi Jinping's red authoritarian regime by playing his dirty game of propaganda. Ken Beira is increasingly becoming wary of Beijing and last week, even suspended its extradition treaty with Hong Kong after China passed the controversial national security law, which is aimed at culling the freedom and autonomy of Hong Kongers. The Scott Morrison government also announced a pathway to permanent residency for Hong Kongers much alike the UK. The move was aimed at Irking China and it apparently worked too, as Beijing called the move as interfering in its internal affairs. The FIRB has tightened the news around certain investment avenues, but it is yet to fix the loophole that is still allowing the Chinese to buy water unchecked in the country. The bigger issue, than giving out the rights of water heedlessly to foreign benches, is rather the posity of it due to over exploitation. The costs, as a result, shoot up and it's the common Australian that suffers the most amidst the whole situation. The World Bank is saying that water security is the third biggest issue that is going to be facing up planet by 2050, and therefore it is high time that Australia revises its policy about giving away water rights.