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U.S. REVIEWING CHINA’S SYNGENTA BID

China’s National Chemical Corp., or ChemChina’s, bid to buy Swiss company Syngenta is still in the works, but is currently being held up by the U.S. government. Because Syngenta does more than a quarter of its business in the U.S., it must be reviewed by the U.S. Treasury Department’s Committee for Foreign Investment in the United States. According to NPR’s The Salt, the sale is part of a push by China to secure food supply for it’s expanding population.

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