Monday 18 June 2012

Agriculture to dominate on Chinese Premier’s visits to Brazil, other South American nations

 By Associated Press
BEIJING — Ensuring grain and other food supplies for China’s booming economy are expected to dominate Chinese Premier Wen Jiabao’s trip to four South American countries.
A Foreign Ministry official said Monday that Wen will visit Brazil from Wednesday to Friday to attend the U.N. summit on sustainable development in Rio de Janeiro.
Next will come visits to Uruguay, Argentina, and Chile. Wen will sign a series of agreements in each country, but no details were given.
Rising living standards have made China a major player in global agricultural markets.
Soybean exports to China have helped underpin the Argentine economy’s recovery after a world-record debt default and devaluation in 2002 left its economy in ruins.
Copyright 2012 The Associated Press.
Original Article Here

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