No sweet deal: Community resists Chinese sugarcane land grab
- PANAP
- 02 October 2017
“Before the company came to clear our lands, nobody in Prame ever experienced hunger,” villagers from Preah Vihear Province, Cambodia tell PANAP.
“Before the company came to clear our lands, nobody in Prame ever experienced hunger,” villagers from Preah Vihear Province, Cambodia tell PANAP.
The amount of Australian farm land owned by Chinese interests has surged tenfold in the past year, climbing above 14 million hectares or 2.5 per cent of all agricultural land.
Dans le centre de la France, en 2016, l’achat de 1 700 hectares par un Chinois a suscité un vif émoi politique. "Pièces à conviction" a enquêté sur ce mystérieux investisseur qui refuse d’apparaître au grand jour.
Alors que l’équivalent d’un département français disparaît tous les cinq ans sous le béton, la demande de terres agricoles a explosé et leurs prix se sont envolés : + 35% en dix ans. Le modèle agricole français de l’exploitation familiale risque-t-il de disparaître ?
Hong Kong based investors who recently took a 51 percent stake in northern NSW export beef processor, Bindaree Beef have plans to further develop their Western Australian grazing property investments, purchased in April last year.
COFCO Corp, China biggest agricultural products supplier by revenue, plans by 2020 to see 60 percent of its revenue contributed by overseas markets and control up to 50 million metric tons of foreign grain resources.
Since the 1990s, military juntas have been taking away the land of smallholders across the country, without any compensation and regardless of ethnicity or religious status.
On 30 August 2017, 40 people brought a petition to Chinese Embassy in Phnom Penh calling for the withdrawal of sugar company Hengfu, that accused for grabbing tens of thousands of families land since 2011.
Australian beef processor Bindaree Beef announced it has sold a 51 percent controlling stake in the family-owned company to Hong Kong-Australian billionaire, Hui Wing Mau, and Beijing-based equity fund Archstone Investment for approximately $120 million.
The Ministry of Land Management yesterday gave authorities in Koh Kong, Kampong Speu and Preah Vihear provinces one month to identify people affected by years-long sugar company land disputes.
The China-Pakistan Economic Corridor (CPEC) has a large agriculture aspect with large tracts of land expected to be leased out to Chinese firms for developing advanced planting and breeding bases.
A group of state and private companies will invest a total of 6.9 billion yuan($1.04 billion) in COFCO Capital, a subsidiary of state-run agribusiness COFCO Group.
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