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Topic: "China" seizes agribusiness around the world, mission "food security" (Read 145 times) previous topic - next topic

"China" seizes agribusiness around the world, mission "food security"



After the war, Russia's invasion of มอนเตอร์168Ukraine that led to global food shortages for China was a reminder of the necessity of diversification. “Food Security”

For more than a decade, both state and private Chinese companies have been shopping for world-class agribusiness. since the purchase of land grain warehouse and food processing plants around the world



Food security is a top priority for China's leaders. And it is likely to be a key topic at the 20th Communist Party of China Summit later this year, with President Xi Jinping previously said that “Chinese food must be made and held in the hands of Chinese people.”

Zhu Danpeng, deputy director of the Guangdong Province Food Safety Organization. said that although China's birth rate has declined But China's population is still so large that nearly a quarter of all food is imported. Overseas Agribusiness Mergers It is therefore an important way to strengthen China's food security. And acquisitions will accelerate in the future.

As many people just know China has invested heavily in the food processing industry in Ukraine. after a month last Apr The sunflower seed plant of the Chinese food processing giant COFCO Group Near the port city of Mariubol it has been damaged by fighting between Ukraine and Russia.

COFCO Group, a Chinese food processing enterprise It is considered an important spearhead in building China's food security. By expanding its investments globally, since 2014, COFCO has been acquiring several multinational grain companies. Two of the largest acquisitions are Hong Kong-based agribusiness Nobel Agri for $2.25 billion and Dutch grain trader Nidera for $1.8 billion.

It also acquired Chilean wine company Bisquertt Vineyard and French wine company Chateau de Viaud, acquired an 80% stake in Australian sugar producer Tully Sugar and took over the grain business of Criddle & Co. in the UK.

and is still the owner of the port and warehouses for over 100 million tons of grain worldwide annually, making COFCO Group the largest grain exporter from Argentina. It is also the largest soybean exporter from Brazil to China.

Re: "China" seizes agribusiness around the world, mission "food security"

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