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China has established state-owned company, which will buy up lands in Russia

Publication time: 29 October 2009, 14:53

Leaders of major Russian agro-holdings frequently visit China. According to Russia's newspaper "Arguments", there are intense negotiations: the Chinese are looking for Russian partners, to buy up hundreds of thousands of hectares of land in Russia.

 

It is reported that in the near future large-scale buying of Russian land will begin by Chinese state-owned company.

 

Commentators do not doubt that it will happen. China is very concerned about their food security, so Beijing is creating a giant state fund, into which 8 billion yuan (1$ billion) will be uploaded to start with.

 

It is officially announced that all funds, until recently, up to the last yuan, are for "investments in agricultural production ... in the territory of CIS countries".

 

Obviously, the course of Chinese billion is direct go buy land in the Khabarovsk and southern Siberia. It is assumed that the Chinese state fund would choose the following tactics: first, it will take larger portions - no less than a thousand hectares - in the long-term lease, and then try to redeem it.

 

In this context note that Russia's authorities are extremely reluctant in recognizing the fact that millions of Chinese people have already settled in the eastern regions of Russia.

 

Additionally, information that the authorities of Primorye are preparing a deal with Beijing on the "rent-out" of Vladivostok to the Chinese, appeared in the press.

 

Department of Monitoring,

Kavkaz Center


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