You're reading: Financial Times: China looks to Ukraine as demand for food rises

Chinese and Ukrainian flags sit side-by-side on a conference room table in downtown Kyiv – the sign of a flourishing new alliance between the world’s most populous nation and some of the richest farmland on earth.

“Everyone in China has probably heard of me by now,” says Ukrainian billionaire Oleg Bakhmatyuk.

Mr Bakhmatyuk, founder of UkrLandFarming, the world’s eighth-largest land cultivator, and London-listed Avangardco, world number two in egg production, says he has spent about half of the past 18 months travelling to Asia. He has negotiated exports and investment with agricultural giants including COFCO, the Chinese state grains trader, New Hope, the private feed and meat conglomerate, and Temasek, the Singapore government investment company.

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