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February 2007

Cautious opportunity for foreign fertilizer

China is still a nation of farmers. According to census numbers, nearly 70% of the population lives in rural communities that depend on agriculture. The burden of feeding one fifth of the world's population on 10% of its arable land makes agriculture acutely important.

That is why a decision to lift restrictions on foreign investment in China's fertilizer industry in December is more momentous than many realize.

China is already the world's largest consumer ...

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