ASSESSMENTS

China: 'Going Outward' for Food Security

Apr 30, 2008 | 17:35 GMT

ROMEO GACAD/AFP/Getty Images

Summary

Beijing is adding agricultural investments to its "go outward" strategy, under which domestic businesses are encouraged to venture into foreign markets. As global food prices continue soaring, food security has catapulted to the top of Beijing's priority list alongside energy and other key resources. However, investments in foreign food production will encounter many of the same obstacles that the "go outward" strategy has faced elsewhere.

As global food prices continue soaring, China is encouraging domestic businesses to acquire foreign agricultural assets. ...

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