Russia over Ukraine/Crimea crisis backed up by China on Monday, 2014-03-03 China and Russias foreign ministers spoke about the crisis in Ukraine on Monday, and both countries agreed it was very important to appropriately handle the issue, Chinas Foreign Ministry said. Both sides believe that the appropriate handling of the Ukraine crisis is very important to maintaining regional peace and stability, the ministry said in a statement on its website. reuters/article/2014/03/03/us-ukraine-crisis-russia-china-idUSBREA220GE20140303 WSJ Beijing in recent years has forged stronger commercial relations with Ukraine, purchasing large amounts of corn and some military supplies. Chinese leaders have also looked to Russian President Vladimir Putin and Russia as a bulwark against U.S. and European Union influence. online.wsj/news/articles/SB10001424052702304360704579415602267378562?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj%2Farticle%2FSB10001424052702304360704579415602267378562.html feb 26th reuters/article/2014/02/27/us-ukraine-crisis-china-idUSBREA1Q06J20140227 about the deal: 2013-09-24th It would be the biggest so called land grab agreement, where one country leases or sells land to another, in a trend that has been compared to the 19th century scramble for Africa, but which could now spread to the vast and fertile plains of eastern Europe. Under the 50-year plan, China would eventually control three million hectares, an area equivalent to Belgium or Massachusetts, which represents nine per cent of Ukraines arable land. Initially 100,000 hectares would be leased. The farmland in the eastern Dnipropetrovsk region would be cultivated principally for growing crops and raising pigs. The produce will be sold at preferential prices to Chinese state-owned conglomerates, said the Xinjiang Production and Construction Corp (XPCC), a quasi-military organisation also known as Bingtuan. XPCC said on Tuesday that it had signed the £1.7 billion agreement in June with KSG Agro, Ukraines leading agricultural company. KSG Agro however denied reports that it had sold land to the Chinese, saying it had only reached agreement for the Chinese to modernise 3,000 hectares and may in the future gradually expand to cover more areas. Any sort of land-grab deal can be highly sensitive politically. Madagascar was forced to scrap a plan to lease 1.2 million hectares to South Korea in 2009 after angry protests against neo-colonialism. The Philippines has also blocked a China investment deal. telegraph.co.uk/news/worldnews/asia/china/10332007/China-to-rent-five-per-cent-of-Ukraine.html
Posted on: Mon, 03 Mar 2014 14:44:10 +0000
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