China’s Citic Investing $250M to Develop 100K He. of Corn and Soybean Farms in Angola

By Lynda Kiernan-Stone Citic Construction, a unit of China’s Citic Group, is leading a group investing US$250 million to develop 100,000 hectares (386.1 square miles) of farms in Angola to secure the long-term supply of corn and soybeans for China amid an increasingly uncertain global trade environment. Last year China imported 105 million tons of […]