Source: China – South China Morning PostChina is investing hundreds of millions of US dollars to develop soy bean and grain farms in Angola as it seeks to reduce its reliance on the United States for supplies and improve food security.
Last month, two giant state-owned Chinese firms signed deals worth US$350 million to develop tens of thousands of hectares of land in the southern African country.
One of the companies, SinoHydro Group, a hydropower and civil engineering firm, will invest more than US$100 million in return for a…Read More