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China’s Interest in Farmland Makes Brazil Uneasy
eco
#1 Posted : Saturday, July 09, 2011 12:49:35 PM
Rank: Member


Joined: 6/17/2011
Posts: 229
What is China up to? 'Chinese government does not allow private ownership of farmland, and it cautioned local governments against granting large-scale or long-term leases to companies in a 2001 directive. China also bans foreign companies from buying mines and oil fields'

Buying land in foreign countries is however, ok!? This is China!

'China has become Brazil’s biggest trading partner, buying ever increasing volumes of soybeans and iron ore, while investing billions in Brazil’s energy sector. The demand has helped fuel an economic boom here that has lifted more than 20 million Brazilians from extreme poverty and brought economic stability to a country accustomed to periodic crises'

Read more here http://www.gwm-tv.com/text_articles/article2.html
youcan'tstopusnow
#2 Posted : Saturday, July 09, 2011 8:51:07 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
There was a time when the Qataris wanted land in Kenya for farming. How did that story end?
GOD BLESS YOUR LIFE
B.Timer
#3 Posted : Sunday, July 10, 2011 1:41:57 PM
Rank: Veteran


Joined: 5/31/2008
Posts: 1,076

Both China and Brazil are relatively new economic giants in the international arena.
They can sort out these issues out on equal footing terms - none playing second fiddle.





youcan'tstopusnow wrote:
There was a time when the Qataris wanted land in Kenya for farming. How did that story end?



Methinks this project ought to be commissioned pronto.
We have lots of land lying fallow/virgin.
Dunia ni msongamano..
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