You’d be surprised to learn that the billion dollar barons of Australian farmland are a Canadian government worker super fund, a New York teacher insurance fund and an Australian pastoral giant backed by a Dutch pension fund
A Chinese sugar company with a large long-term land concession in Cambodia came under fire from NGOs Tuesday for leasing parts of the concession to local villagers, collecting rent instead of engaging in the activities stipulated in its contract with the Cambodian government.
In 2013, Missouri’s legislature pushed through a law altering a previous ban on foreign ownership of agricultural property in the state to facilitate the sale of Smithfield Foods to Hong Kong-based Shuanghui International.
Villagers in Laos say a Chinese-owned banana plantation has unfairly acquired the land of 46 families in the northern part of the country, many of whom were coerced by authorities into selling for a miniscule compensation package.
China has urged local authorities to support qualified domestic firms to “go out,” and build hog farming bases in countries where pig products are eligible to be exported back to China.
China grow more soybeans in Russia to replace imported American soybeans. More than 70 companies from Heilongjiang province already grow soybeans in Russia and there are eight foreign agricultural "industry parks" covering an area of 600,000 ha. The main threat of the soybean ventures appears to be incursions of Russian territory as China effectively colonizes its distant, empty Far East.
Almost a decade since government of Cambodia granted 40,000 hectares land concession to five Chinese companies believed to be subsidiaries of a single Chinese owned firm, Hengfu. The whole project that affected indigenous Kuoy community has now fallen apart.
