Hopes For A Chinese Cash Moo-Cow Inwards France Milk Terra Firma Sour

From the South PRC Morning Post who seem to convey succumbed to what nosotros telephone telephone the  'bovine headline syndrome.':

The opening of a Chinese-owned infant milk pulverization found inward a pocket-size town inward the Brittany part of western French Republic inward 2016 was heralded every bit an economical saviour for the part as well as a win for French dairy farmers.

The €170 1 chiliad one thousand (US$196 million) Carhaix manufactory would furnish around 120,000 tonnes of high lineament powdered milk a yr to China, where bespeak for unusual infant milk products has soared later a years of nutrient scares.

France’s biggest dairy cooperative Sodiaal signed a 10-year contact amongst Synutra, China’s 3rd largest infant milk formula producer, to last the plant’s leading supplier. It would collect 288 1 chiliad one thousand litres of milk a yr from 800 farms inward Brittany as well as beyond.

“No infant milk formula fellowship inward the basis tin arrive at the axe make such quantities,” Synutra French Republic CEO Christian Mazuray said at the time.

But straight off Sodiaal, whose brands include Yoplait, Entremont as well as Candia, is negotiating amongst Synutra to buy purpose of the Carhaix found to recover its upfront investment.

Sodiaal confirmed plans inward August, but has been tight-lipped nearly its human relationship amongst the Chinese firm.

French media convey otherwise painted a partnership soured past times unpaid bills as well as milk formula exports to PRC that were l per cent less than forecast.

“The deplorable failure of the Chinese inward Brittany.” declared La Croix newspaper.

The growing revolt against Chinese ‘conquering’ French farms

“Dream becomes a nightmare,” reported Ouest-France.

Attempts to obtain comment from Synutra were unsuccessful.

“There volition last no negative acquit upon either on the score of collection, the cost of milk or the shares,” Sodiaal’s president Damien Lacomb told Ouest-France terminal calendar month inward a bid to quell farmers’ fears nearly the future.

Beyond that, the cooperative, which describes itself every bit an arrangement governed past times as well as for its 12,500 producers, has revealed nil to a greater extent than concrete nearly its plans – as well as French farmers are anxious.

“The Chinese mirage Synutra disappeared … as well as it was predictable!”, exclaimed a newsletter of the eastern French Republic branch of the agricultural union, Coordination Rurale (CR).

“We are concerned nearly the pertinence of such a project, peculiarly given the glaring lack of transparency as well as data nearly the motion as well as what the futurity holds,” said Véronique Le Floc’h, CR’s secretarial assistant full general as well as caput of the National Organisation of Dairy Producers.

“The eventual repurchase of a production facility amongst no commercial outlet volition inevitably acquit upon the cooperative as well as the farms.

“What volition last demanded of producers inward the lawsuit of that?”...

...MUCH MORE

H5N1 couplet other examples of the headline syndrome:
The Political Economy of Cows: Udder Peoples Money
What's Moooving: Cows every bit Safe Assets

Previously inward Franco-Sino relations: 

Meanwhile In France: "Get off our land, French farmers tell Chinese investors"

"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 intend this is the commencement French farmland post.
Two things to last very, really wary of: The Common Agricultural Policy as well as the French taxation code.

And as well as 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