Great find Compgeek.
Chongqing is mentioned in the article:
"Since the middle of this decade, Chinese importers have been trying to acquire the product directly from Brazilian farmers, but without success.However, this intention seems to be close to becoming reality, considering the initial contacts developed between the Brazilian government and state-owned Chongqing Wanzhou Grain and Oils Group. The Chinese company plans to invest US$ 300 million to purchase of 100,000 hectares in western Bahia, with the goal of producing soybean.
If the negotiations progress, there will be a growing chance of a scenario of significant expansion in Brazilian supply and, consequently, a reduction in the cost of this commodity for consumers in China, in the long term. This situation, probably, should motivate China to prepare a huge offensive in investment in Brazilian soybean production.
Between this and that, there are strong reasons why Brazil should become the world's largest producer of soybean, surpassing of 100 million t/year in the middle of the decade (presently, its annual production is around 69 million t). This additional volume in soybean Brazilian production would be able to properly take care of not only future Chinese demand, but also the international demand for this kind of oilseed."
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