April 11, 2016 — Chinese investments in U.S. businesses reached new records in 2015, with California remaining a major target, according a report by The Los Angeles Times. A lagging state industry, however, is agriculture. Historically, Chinese firms have invested in U.S. food and agriculture companies primarily in the Midwest and on the East Coast.
Rabobank’s Vernon Crowder said this may change. With prices for California crops like almonds and walnuts declining while production is increasing and the strong dollar is softening overseas demand, Chinese investors could become more active.