Noble to target US agriculture assets for mainland China

David Nealis President of Blue Bridge

 

Noble to target US agriculture assets for mainland China

Hong Kong’s Noble Group, a commodity firm said it will target agricultural assets in the USA in order to meet rising demand in mainland China. The USA, which according to the United States Department of Agriculture is the largest corn producer in the world in 2012, will play an important role in meeting China’s rising demand for corn.

 In the last three years, Noble has announced deals worth over  US$ 2 billion, to include developing sugar operations in Brazil as well as other assets in the US and Australia.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?

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