Caixin
Dec 24, 2013 05:50 PM

Monsanto's Cautious China Strategy

 

(Beijing) -- Whether we want them or not, genetically modified (GM) crops have already become a part of Chinese life.

Already over 90 percent of China's cotton is genetically modified. Reliance on imported soybeans is over 80 percent and most of those imported beans are GM. GM crops are planted on about 170 million hectares worldwide, accounting for about 11 percent of the world's total 1.5 billion hectares of arable land. GM crops are being cultivated industrially in many parts of North and South America, and in Africa.

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