China’s $450 billion farm plan could determine our fate
Four hundred and fifty billion dollars. That’s the amount of money Chinese officials recently announced they would invest to improve the country’s farms over the next four years. The Agricultural Development Bank of China has created a fund to loan out at least that much money by 2020, according to state media. Experts that I talked to are skeptical — China has announced it would spend big money before and followed through with just a fraction — but even a fraction of $450 billion could be transformative. [node:read-more:link]