Home » Environment » Russia Offers 2.5 Million Acres Of Farmland To China, Amid Worsening Trade War

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

Russia Offers 2.5 Million Acres Of Farmland To China, Amid Worsening Trade War

China and Russia recently announced a new age of diplomacy between the two countries, at a time when President Trump is targeting both with precision-guided economic warfare.

China finds itself reeling under trade disputes with the US, as the next round of tariffs on $16 billion worth of Chinese goods is expected to start on August 23.

Earlier this week, Russia offered to bail out China from the trade war with Washington. Moscow offered 1 million hectares (2.5 million acres) of arable land available to Chinese farmers to meet its large-scale demand for soybeans — and of course, prevent a massive soybean shortage that would lead to political/social upheavals across the country.

Maybe, the US trade war on China should be interpreted as a piece in a much larger chessboard: A war on Eurasia integration,or the One Belt, One Road (OBOR) initiative.

Nevertheless, some analyst and experts are skeptical about the quality of the plots available. As reported by South China Morning Post, several Chinese investment firms have shown a keen interest in solidifying an agreement with Moscow.

Valery Dubrovskiy, director of investment for the Far East Investment and Export Agency, a non-profit organization, said on Tuesday that Chinese, Russian, and other surrounding countries have already expressed tremendous interest in the farmland. “We expect most of the investment to come from China,” he said. “We expect 50 percent from China, 25 percent from Russia and 25 percent from other countries, like Japan and Korea.”

Dubrovskiy said that all of the 3 million hectares of farmland in Russia’s Far Eastern Federal District is now available to farmers, adding that the region could become a hotspot for dairy farming or the growing of crops, such as soybeans, wheat, and potatoes.

Inadvertently, Trump’s trade war with China could be a game-changer for Moscow, as it expects foreign investment to flood the region.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress