| China and Russia agreed to launch a $2 billion investment fund to develop agricultural projects in the two countries and set up a free-trade zone between their key farming belts, the state-backed Russian Direct Investment Fund said Friday.
The move broadens China's search for a diverse global breadbasket to supply its sharply rising demand for food. It marks a sharper pivot toward Russia and accelerates a drive that has seen the Asian giant spend billions of dollars to acquire food-producing companies abroad as well as cultivate farming producers like Argentina and Ukraine...............................................Full Article: Source
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