China Buys 7.4M Acres of Ukraine

"As demand for food grows in China—and farmland shrinks—the country has signed a deal with Ukraine that will eventually see it plowing into 3 million hectares (that's about 7.4 million acres) of the Ukrainian farmland. China will initially receive 100,000 hectares—an area about the size of Hong Kong—and increasingly acquire more over the next 50 years, the South China Morning Post reports. Quartz notes that 3 million hectares is 5% of Ukraine's total land, and 9% of its arable farmland. The total area China will eventually be farming is roughly the size of Massachusetts or Belgium."