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China Embraces Corporate Farming

China is opening up its agriculture industry to corporate farming, a move that could have wide economic and political implications. That decision may gradually phase out collective farming, which has long been one of the Communist Party’s main political levers through a national network of provincial and county leaders.   China is hoping to entice foreign and private capital to invest in the tightly-controlled agricultural sector. State media also notes the policy aims to promote and...

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