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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (34159)	4/30/2008 4:03:25 AM
From: elmatador	Respond to of 217619

China could lease overseas farming land to beat rising food prices, according to reports from Beijing. China 'may lease foreign fields' Could rice fields like these be replaced by farms abroad? China could lease overseas farming land to beat rising food prices, according to reports from Beijing. Soaring grain prices have encouraged the ministry of agriculture to consider the scheme, according to the Beijing Morning newspaper. Chinese enterprises would lease or even buy farmland in Latin America, Australia and the former Soviet Union. The land in production could replace Chinese farmland lost to rapidly growing cities and industrial zones. Pilot schemes The BBC's China analyst, Shirong Chen, says the initiative builds on recent experience. Ten years ago a Chinese company formed a joint venture with the Cuban government to set up two farms to grow rice in Cuba. A similar venture has been set up in Mexico. High international grain prices and the pressure of domestic inflation are the main factors behind the drive. Grain prices rose by 60 % on the global market in the first three months of the year, adding to inflationary forces in a country which needs to feed 1.3 billion people. Meanwhile official records showed that the amount of available arable land fell sharply in 2007, getting closer to the minimum level Beijing has vowed to retain.

To: TobagoJack who wrote (34159)	4/30/2008 5:13:52 AM
From: elmatador	Read Replies (1) \| Respond to of 217619

China disregard all rules. Sets example. While people are looking to the colored blotches in maps called political division, an arbitrary device of the soon to defunct nation-state, China prods on. Creates the new order upon which international relations will be guided. Imagine if Chinese would be wasting time with Taiwan and Tibet instead of getting materials in Africa? Now China comes with a new twist: lease the land they need to harvest their food. This new world order will be very interesting.

To: TobagoJack who wrote (34159)	4/30/2008 9:19:20 AM
From: carranza2	Read Replies (1) \| Respond to of 217619

Compare/contrast this: nytimes.com with this: Message 24537238 Difficult not to conclude that Paulson and perhaps even Bernanke wish to have the SEC weaken or abandon its traditional law enforcement role, get more power to the Fed and thereby take heat off the Wall St. scamsters. Unbelievable. At a time when it is obvious that closer regulation is required, the response is to try to weaken it even more. Paulson is shameless. Sucks.