Understanding China’s foreign agriculture investments in the developing world
By Lisa Cornish
China’s investment in foreign agriculture totaled $26 billion in 2016, with investments in 100 countries. But this may just be the tip of the iceberg.
A new report released by the United States Department of Agriculture on April 24 draws from Chinese language speeches, reports, and other secondary sources to understand both the scale and purpose of foreign investment in agriculture, forestry, and fisheries.
Developing countries in Africa, Southeast Asia, and Latin America were among China’s investment regions, with the investment types and goals differing for each.
“In our review of Chinese investments in agriculture in developing countries, we found that some are commercial ventures, while others are foreign aid projects,” Elizabeth Gooch, an economist for the Economic Research Service of the USDA, explained to Devex. “We also found that some ventures seem inclined to pursue both commercial gain and philanthropic motivations.”
Photo courtesy of Global Water Forum.