Investors Plow Money into Farm, Food Sectors
What do kiwis and the giant computer manufacturer Lenovo have in common?
Not much, until recently when Lenovo’s parent Legend Holdings joined a growing pack of Chinese investors by pouring money into the nation’s farm, agricultural supplies and food processing sectors.
Legend agreed to invest 400 million yuan in a kiwi growing operation through its subsidiary Beijing Huaxia Liancheng Fruit Trade Co., signing a deal for stakes in orchards with the Zhouzhi County government in Shaanxi Province.
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