The New Imperialist: China to Buy Agricultural Land Abroad
"And does China really think it can export food from large tracts of land abroad if the natives are hungry? There are major risks, such as governments asserting eminent domain to repatriate property and sabotage of transport.
China is concentrating its efforts on Africa and South America. In many areas, the control of the central government is weak. Will China wind up employing local mercenaries to secure its interests? It will be interesting to watch this initiative play out.
From the Financial Times:
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."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment