A Chinese tech billionaire with links to the government has secretly acquired 280,000 hectares of North American forests and is leading a charge by overseas interests to buy up forest land for timber production and carbon capture.
The findings come from the latest edition of The Land Report, with Tianqiao Chen, founder of Chinese online gaming giant Shanda Interactive Entertainment, the second-largest “foreign owner of North American lands” and the largest owner of a single forest in the US.
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26/01/2024