Video Of Day

Breaking News

Meanwhile Inwards France: Leave Of Absence Off Our Land, French Farmers Tell Chinese Investors

Continuing the examples of how touchy folks are virtually unusual investment, every bit seen inward this morning's "Qatar Mulls Multi-Billion Investment inward High German Enterprises—Handelsblatt"

From AFP via The Straits Times:

Get off our land, French farmers enjoin Chinese investors
CHATILLON-SUR-INDRE (France) • Mounted on tractors as well as wielding flares, angry farmers came from all corners of French Republic to say to Chinese investors: Get off our land.
More than 100 farmers swarmed on a Chinese-owned plain inward the Indre percentage of cardinal French Republic on Wednesday, occupying it inward protestation at what they say is fiscal speculation.
Waving the flag of France's Farmers' Confederation, they filled a seed drill amongst rye as well as sprayed grain inward a demonstration to symbolise the involve to "take dorsum the reason for the farmers".
Confederation spokesman Laurent Pinatel, said: "The reason is at that spot to render for farmers' families as well as to hit food.
"The owners create got come upwards hither to brand a profit, to speculate on agriculture piece monopolising the land," he added.
Chinese consortium Hongyang bought 1,700ha of reason inward the Indre inward 2016, growing wheat for the international market.
The grouping has likewise snapped upwards 900ha inward the nearby Allier region, adding to mounting worries inward rural French Republic that their traditional household unit of measurement ownership model is nether threat from a huge ascent inward investor purchases.
Chinese investors create got spent at to the lowest degree €76 billion (S$121.4 billion) on French reason since 2010, according to figures published past times the American Enterprise Institute as well as Heritage Foundation...MORE
I don't know why Heritage or AEI would last keeping tabs on Chinese investments inward French existent estate although I run into the attraction. Starting dorsum inward June 2012:

"French Farmland Offers Better Value than United Kingdom of Great Britain as well as Northern Ireland of Britain as well as Northern Republic of Ireland Land"

We've been posting on British Farmland for years but, exterior of the strange Chateau listing as well as the effects of climate on vino growing I mean value this is the commencement French farmland post.
Two things to last very, real wary of: The Common Agricultural Policy as well as the French taxation code.
And thence inward 2016:
April 
China Buying Farmland In Central France
September
"Chinese Investors Are Buying Up French Farmland"

And this Feb "Chinese billionaire sees a goldmine inward French fields"

The Local.fr has to a greater extent than on the latest:
'This is our land': Furious French farmers protestation Chinese investors

No comments