Chinese companies will be encouraged to buy farmland abroad, particularly in Africa and South America, to help guarantee food security under a plan being considered by Beijing.
A proposal drafted by the Ministry of Agriculture would make supporting offshore land acquisition by domestic agricultural companies a central government policy. Beijing already has similar policies to boost offshore investment by state-owned banks, manufacturers and oil companies, but offshore agricultural investment has so far been limited to a few small projects.
I don’t register for any news.
Let the Chinese be subjected to long term lease but to let them buy the land – NO WAY. I doubt the mentality of the sellers. Nuff Said!!
This is all part of China’s plan to take over the world. In the past they have manipulated the food supply in their own country to gain further control of the population, to ‘tame’ them, if you will.
I don’t see this as being any different.
Jim Elliott