Tuesday, July 24, 2018

Pie Chart of China's Rapidly Growing Foreign Agriculture Investments

Note that North America is at 2%:

Chinese foreign agricultural investment has grown exponentially since 2009. Initial investment growth was primarily aimed at expanding access to crop production, fishing ventures, and raw materials. Most such ventures targeted eastern Russia and neighboring Asian countries, attracted by relatively cheap, underutilized land. Chinese investments in Southeast Asia have focused on tropical crops like palm oil, cassava, sugar, fruit, and lumber, prompted by strong domestic demand and a regional free trade agreement with the Association of South East Asian Nations (ASEAN). Asia accounts for about half of China’s foreign investment in agriculture, forestry, and fishing. More recently, the strategy has moved toward acquiring established agribusiness companies around the world in regions like Europe, Oceania, Africa, and the Americas. Investment in North America, though, was limited to just 2 percent of reported foreign agricultural investment in 2014.

Source: USDA