China helps Zimbabwe grow US$1.2 billion tobacco crop amid debt, health concerns

Source: China – South China Morning PostDriven by Chinese demand, Zimbabwe produced a record 352.7 million kilograms of tobacco – valued at about US$1.2 billion – in last year’s marketing season.
This represents a major turnaround for an industry that, if not for Chinese investment, would have nearly collapsed two decades ago, although it remains a crop of concern for health campaigners.
As Zimbabwe’s largest agricultural export and a primary foreign currency earner, tobacco dominates its trade with Beijing. Last year, China imported…Read More

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