Yes lightbeam, China is buying massively in a lot of countries, together with Japan, they are buying huge amounts of European bonds (like bailing them out), by the end of the year, China will own several European Nations. You can see information all over regarding how China is buying everywhere on an ever increasing accelerated rate, specially companies on the commodities field, they see what's comming...as some of us do also...
Did you see the article posted previously? is specifically about CPOW's partner Chongqing Grain Group.
Chongqing Food Group built 5.7 billion Brazilian soybean base - soybean, grain Group - Food Industry
Invited by the China International Trade Promotion Council, last week, Chongqing Municipality to attend Food Group's chairman Hu Junlie held in Brazil in the "BRIC" summit, together with Sinopec, speaking on behalf of the Chinese entrepreneurs, Hujun Lie first revealed at the meeting, The total investment of soybean based CMB 5.75 billion yuan.
"BRIC" summit are China, Brazil, Russia, India and trade between the four countries Cooperation With the exchange, since 2006, and gradually carried out in different areas and different levels of dialogue and cooperation, this is the second summit.
Hujun Lie said that in two years time, six food group has formed a delegation to visit Brazil, China and Pakistan co-operation to achieve high-quality soybean bases build involving laws and regulations, investment policy, soil, climate, customs, soybean production operating mode of system information.
Urban Food Group has also hired China International Engineering Consulting Corporation on high-quality soybean base construction project feasibility study to the U.S. consulting firm McKinsey Consulting, the decision to invest 5.75 billion yuan, with Brazil and build a base of 300 million mu of high-quality soybeans.
With an investment 2.203 billion yuan, in the city of Bahia Kelundina "Happy Plateau," Building 162 acres soybean base.
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