Grassley, Farm Groups Fear ChemChina-Syngenta Deal Will Amplify Biotech Barriers

Senators and agriculture groups are expressing concern that the Chinese market for biotechnology products will further tilt against the U.S. agricultural community and biotech firms if state-owned ChemChina follows through with its plan to acquire Swiss agribusiness giant Syngenta. “Now that you'd have a state-owned enterprise actually directly owning one of the major ag research companies -- not just in the United States but globally -- one would have to think that the potential at least exists for preferential approval...