Published: 12:00am, 15 Aug, 2018 Updated: 2:22pm, 12 Dec, 2018
Russia is offering 2.5 million acres of land to foreign investors, half of whom are expected to come from China as it tries to find alternative soyabean supplies during its trade war with the US. However, analysts have raised doubts about the quality of the soil on offer in Russia’s Far Eastern Federal District and said the best land was already in use. The Russian government has been trying for years to develop a new source of protein that could replace meat imports but so far has had little success. China has imposed a 25% retaliatory tariff on US soyabeans.