[WEEK IN REVIEW] China Invests in Angola to Secure Food Supply Chains

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Episode
395 of 398
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48M
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Engelsk
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Chinese construction giant Sinohydro signed a $100 million deal with Angola to build out the country's agricultural infrastructure in a bid to boost grain production. While 60% of the output from this venture will be shipped to China, the rest will be sold domestically in a move aimed at reducing the West African country's food import bill. The Sinohydro news followed an even larger agriculture announcement between the two countries when Chinese conglomerate Citic signed a $250 million contract to develop large-scale soybean and corn farms in Angola. Géraud and Cobus discuss why the timing of these deals is so interesting as China moves quickly to reduce its reliance on wheat, soy, and corn imports from the U.S. JOIN THE DISCUSSION: X: @ChinaGSProject | @stadenesque | @christiangeraud Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth Now on Bluesky! Follow CGSP at @chinagsproject.bsky.social FOLLOW CGSP IN FRENCH AND ARABIC: Français: www.projetafriquechine.com | @AfrikChine Arabic: عربي: www.alsin-alsharqalawsat.com | @SinSharqAwsat JOIN US ON PATREON! Become a CGSP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CGSP Podcast mug! www.patreon.com/chinaglobalsouth


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