China Investments Made Good Deals with Eastern Europe Countries

Dec. 19 – Eastern Europe is growing attraction for the China’s investments with consumer goods imports / exports. There are substantial good deals between China and Eastern Europe countries has been sealed in recent years. Chinese Premier Li Keqiang has just signed a deal with Romania to import 500,000 cattle and 3 million pigs from the country over the next three years – farmed in Romania, consumed in China.

In addition, to a huge number of animals investment project, and there is other significant of China’s recent agricultural deal with Ukraine. The prime pastures in Ukraine’s eastern Dnepropetrovsk region will be used for agricultural purpose – growing crops and farming pigs, and then the harvest will be traded with China at preferential prices. This deal – Ukraine to lease 3 million hectares of land to China for the next 50 years, is said to be Ukraine’s single largest foreign investment.

Those Eastern Europe countries deals with China have up stretched some investors’ arms – the number of cattle currently in Romania is estimated at 1.5 million, with the China deal taking a third of that current stock. This means that opportunities exist for Romanian farmers to use EU funds and potentially establish joint ventures in Romania with Chinese agricultural investors; it is to Eastern Europe that China is looking for good deals.

Meat demand in China would rise in the next 10 years, according to UN 2013 agricultural outlook reporting, which approximately coherent with the growing turn of sales of household refrigerators in China, the country consumes one-fifth of all global food supplies yet possesses only 9 percent of the world’s viable farmland. Concluded from different China investment projects, China has acquired rights to 234,000 hectares of land in Argentina for production of corn and soya, and similar deals have also been settled with Brazil. China also purchased Australia’s largest cotton producer last year. At this moment, China is also looking to import sheep and other food produce. For more information China Investment Projects 2014, contact with DCCC or mail to info@dccchina.org

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