Firm will grow rice in Africa
- China Daily
- 09 May 2008
Chongqing Seed Corp has decided to cultivate rice on 300 hectares in Tanzania from 2009
Chongqing Seed Corp has decided to cultivate rice on 300 hectares in Tanzania from 2009
As Beijing scrambles to feed its galloping economy, it has already scoured the world for mining and logging concessions. Now it is turning to crops to feed its people and industries. Chinese enterprises are snapping up vast tracts of land abroad and forging contract farming deals.
"Economic development is spurring a land grab in broad areas of the country, and the poorest Lao are paying the price," reports the US Embassy in Vientiane