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    Home > Agriculture News > Pesticide News > The former Minister of Chemical Industry at the age of 92 questioned the largest overseas M&A case in Chinese history: subjugation and genocide

    The former Minister of Chemical Industry at the age of 92 questioned the largest overseas M&A case in Chinese history: subjugation and genocide

    • Last Update: 2022-03-21
    • Source: Internet
    • Author: User
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    92-year-old former Minister of Chemical Industry and former Central Committee member questioned the largest overseas M&A case in China’s history.
    Qin Zhongda, former Minister of Chemical Industry and former Central Committee member, is 92 years old this year.
    Recently, he returned to Volkswagen because of an inquiry about China’s largest overseas M&A case In the field of vision
    .
    In the past two weeks, a letter titled "An Inquiry Letter to the State-owned Assets Supervision and Administration Commission of the State Council Against China National Chemical Corporation's huge investment in the acquisition of a genetically modified drug company Syngenta" (hereinafter referred to as the "Inquiry Letter") has been popular among friends.
    Qin Zhongda's name was placed first among more than 400 co-inquirers, which was particularly eye-catching
    .
    In February of this year, ChemChina announced the acquisition of Swiss agrochemical giant Syngenta for nearly 300 billion yuan, setting a historical record for Chinese overseas mergers and acquisitions
    .
    Syngenta's business includes pesticides and genetically modified products
    .
    In an exclusive interview, Qin Zhongda said that the views in the questioning article are the same as his always thoughts: China should oppose the promotion of genetically modified products and the application of highly hazardous pesticide chemicals
    .
    On the phone, Qin Zhongda spoke clearly and had a loud voice
    .
    After retirement, the old man often published his calligraphy works about Mao Zedong's poems on the Wuyouzhixiang website
    .
    Qin Zhongda was born in Rongcheng, Shandong in September 1923
    .
    From March 1982 to July 1989, Qin Zhongda served as Minister of the Ministry of Chemical Industry and Secretary of the Party Leadership Group
    .
    In 1982 and 1987, he was successively elected as a member of the Central Committee at the 12th and 13th National Congress of the Communist Party of China
    .
    In 1993, Qin Zhongda was elected as a representative of the Eighth National People's Congress, a member of the Standing Committee of the National People's Congress, and a vice chairman of the National People's Congress Environment and Resources Protection Committee
    .
    The questionnaire signed by Qin Zhongda stated, “Syngenta colluded with Monsanto and its behind-the-scenes: Blackstone, JPMorgan Chase, created this shady cross-border and corrupt mergers and acquisitions, and made false bids in Monsanto (in fact, they helped Syngenta With the assistance of the conspiracy of $50 billion in loans from JPMorgan Chase, the unworthy Syngenta junk company was sold to Sinochem for a sky-high price of $43 billion (Editor’s note: There is an error in the questionnaire: It should be China National Chemical Corporation, and Sinochem is another state-owned enterprise)
    .
    However, this is not just a matter of money.

    .
    "The questionnaire called, "This disastrous cross-border merger and acquisition for the Chinese people and mankind as a whole, the Chinese people and the people of the world are firmly opposed to it!" ! China National Chemical Corporation must immediately stop this suicide acquisition that led to the extinction! ! "The question is fierce, but if it does not include Qin Zhongda's name, or if it does not indicate that Qin Zhongda is the former Minister of the Ministry of Chemical Industry of China, perhaps this questionable question itself will not cause any waves
    .
    In the chemical industry.
    In the opinion of the people, ChemChina’s acquisition of Syngenta is a strategic acquisition, and there is nothing wrong with it
    .
    In the eyes of those in the genetically modified industry, the expansion of the application of genetically modified products is also one of the inevitable trends in agricultural development
    .
    , The torrent of development of the times may cause many waves, but any wave may not change the direction of development
    .
    Is it inappropriate for ChemChina to acquire Syngenta? On February 3 this year, China National Chemical Corporation (ChemChina, hereinafter referred to as "ChemChina") announced that it has agreed to acquire Swiss agrochemical and seed company Syngenta through a public offer for nearly 300 billion yuan
    .
    This is the largest M&A transaction initiated by a Chinese company
    .
    Syngenta is headquartered in Basel, Switzerland , Is the world’s largest plant protection (hereinafter referred to as "plant protection") company and the third largest seed company
    .
    In its more than ten years of establishment, Syngenta has grown from an agrochemical company to a plant protection giant, and has developed into a " Providers of integrated crop solutions for plant protection + seed + agricultural technology services are therefore favored by many investment institutions and analysts
    .
    For ChemChina, behind such an arduous acquisition road, there are more The improvement of its own business sector
    .
    According to the official website, China National Chemical Corporation is a state-owned enterprise established on the basis of the former Ministry of Chemical Industry and ranked 265 in the world's top 500 in 2015.

    ChemChina’s main business includes fine chemical materials and specialty chemicals 6 major business sectors including chemical products, basic chemicals, crude oil processing, tires and rubber products, agrochemicals and chemical equipment
    .
    Earlier, people in the chemical industry had analyzed and stated that ChemChina’s acquisition of Syngenta, both are good for each and will accelerate the development of ChemChina’s pesticide and other sectors
    .
    Bloomberg previously reported and analyzed that Syngenta's business (such as pesticides) will help ChemChina reduce its dependence on petroleum and petroleum products
    .
    At the same time, China currently attaches great importance to the development of agriculture, and the acquisition of Syngenta will also help China accelerate the development of agriculture
    .
    It is understood that Chinese companies have little status in the global pesticide market because they do not possess core technologies, and most of their profits are in the hands of six multinational pesticide giants including Syngenta, Monsanto, Bayer, and BASF
    .
    The above-mentioned people said that Syngenta has its own core patents in pesticide and seed business.
    For China, a country with a population of 1.
    4 billion, this is a strategic plan for the development of agriculture in the next few decades.
    Layout
    .
    Prior to this, Monsanto and even BASF were eyeing Syngenta's "white rich beauty" in the pesticide and seed industries, but in the end Syngenta and ChemChina reached an acquisition agreement
    .
    However, because Syngenta possesses core technology in many aspects, the aforementioned merger has been "jeered" by some politicians in a few developed economies, including the United States, claiming that it threatens the national security of the United States
    .
    The spokesperson of the Ministry of Commerce, Shen Danyang, previously stated that China National Chemical Corporation’s acquisition of Syngenta is a normal business activity in international investment mergers and acquisitions, and certain politicians always like to make irresponsible remarks about Chinese investment
    .
    The 92-year-old former Minister of Chemical Industry Qin Zhongda opposed the acquisition of Syngenta by ChemChina.
    Syngenta's commitment to the development of genetically modified seeds and the research and development of pesticide chemicals has caused many anti-GMO people in China to oppose the merger.

    .
    The questionnaire mentioned that Syngenta is "the world's third largest genetically modified seed company, notorious for launching the first generation of genetically modified crops", and also stated that "Sinochem (Editor's Note: it should be "China National Chemical") M&A Syngenta, it is not difficult to foresee, that will make China deeper into the garbage trap of genetically modified chemical agriculture, and even unable to go back out of the vast abyss of genetically modified chemical agriculture! This will make the hard-earned money of the Chinese people nourish Monsanto and Syngent forever.
    These huge genetically modified tumors are poisoning the entire human race!"
    .
    "I firmly oppose it," Qin Zhongda said in a telephone interview, "Now that we have not acquired Syngenta, it has already violated the health of the Chinese people.
    It (genetically modified) is latent
    .
    We eat a lot of genetically modified things.
    We don’t know that some people don’t pay attention to it at all
    .
    ” It is understood that, with the exception of Qin Zhongda, among these nearly 460 co-inquirers, most of the top ones are senior citizens, and most of them are not in related fields.
    Authority figures
    .
    Ranked second to the questioner is Chen Yiwen, a former consultant of the Disaster History Research Professional Committee of the China Disaster Defense Association, who served as a consultant and translator in Cui Yongyuan's documentary on the American genetically modified investigation
    .
    Chen Yiwen said that everyone has been paying attention to the acquisition of Syngenta by ChemChina and the issue of genetic modification
    .
    However, many people, including Qin Zhongda, did not know Syngenta very well before.
    At that time, it researched and compiled some information and wrote an open letter in Chinese and English to publish it on the Internet, but the effect was not good
    .
    Later, on the proposal of Yang Xiaolu (the contact person for the question), Yang Xiaolu wrote a first draft of the above-mentioned question paper, and then sent it to many people to read and put forward their opinions
    .
    After repeated revisions, it was written, and the full text was printed out and sent to Qin Zhongda for review
    .
    Yang Xiaolu, the contact person for the questionnaire, stated that the questionnaire was sent to Qin Zhongda by him, and after asking Qin Zhongda's consent, he put his name first in the questioner
    .
    At the same time, the questionnaire was sent to the State-owned Assets Supervision and Administration Commission of the State Council in early April, and has not yet received a reply from the State-owned Assets Supervision and Administration Commission of the State Council.

    .
    Yang Xiaolu did not reply to questions such as the specific department to which it was sent, whether it was the department for letters and visits
    .
    After consulting previous information, it was found that Yang Xiaolu was a Beijing citizen who opposed the application of genetically modified and pesticide chemicals
    .
    Yang Xiaolu and others sued the Ministry of Agriculture for requesting the disclosure of the toxicological animal test report obtained by Monsanto’s glyphosate herbicide “Nongda”.
    The case was opened in Beijing No.
    3 Intermediate People’s Court in November 2015.
    Hearing, but no verdict was pronounced in court
    .
    Qin Zhongda said that he opposed the use of genetically modified and pesticide chemicals
    .
    As to why he firmly opposed genetic modification, Qin Zhongda said in an interview that he is not a biologist and the information he obtained comes from some publications
    .
    Qin Zhongda also emphasized that none of these were actually investigated by himself, but all the publications were actually investigated
    .
    For example, Qin Zhongda said that mice in Shanxi ate genetically modified corn, which was almost extinct, and that sows often ate genetically modified corn, which led to stillbirths after pregnancy
    .
    According to previous reports, these seemingly weird incidents have not been investigated and analyzed, nor have they been able to prove that these cases are related to genetic modification
    .
    The relevant reasons have not yet been concluded by the relevant authority
    .
    The questionnaire also mentioned that "Syngenta is actively developing the next generation of genetically modified crops that may bring greater risks, such as genetically modified soybean SYHT0H2, genetically modified soybean RR2Yield-SCN, genetically modified corn Agrisure VipteraG (MIR162) and'Golden Rice
    .
    ' In fact, after consulting the genetically modified database of The Center for Environmental Risk Assessment (CERA, http:// it was found that the above genetically modified products have received support from many developed countries and regions.

    .
    For example, genetically modified soybean SYHT0H2, in 2014, Australia, Canada, South Korea, New Zealand, Taiwan, China, the United States has approved the genetically modified soybeans as food, the United States has approved the genetically modified soybeans as seeds in 2014, the same year, in terms of environment It has also been approved by the United States
    .
    For genetically modified corn Agrisure VipteraG (MIR162), in 2012, Argentina, Australia, Brazil, Canada, Japan, South Korea, Mexico, Russia, China Taiwan, the United States and other places have already used it as food, while the United States in 2008 MIR162 has been approved as a seed, and in 2010, the environment has also been approved by the United States
    .
    In addition, regarding the high-risk issue of pesticides such as paraquat mentioned in the question, even if ChemChina does not purchase Syngenta, there should still be such products, and it does not matter
    .
    Niu Weina, a pesticide analyst at Zhuo Chuang Information, said that paraquat is indeed harmful, but the harm lies in abuse and incorrect use
    .
    It is precisely because of this high risk of abuse that China has also stipulated that from July 1, 2016, the sale and use of paraquat water in the country will be stopped
    .
    For the shrinking paraquat market, Syngenta has no need to expand domestic production
    .
    "The development of genetically modified genes is an inevitable trend, and it cannot be stopped.
    " Regarding the safety of genetically modified foods repeatedly mentioned in the questioning book, Huang Dafang, the former director of the Institute of Biotechnology of the Chinese Academy of Agricultural Sciences and a doctoral supervisor, said in an interview that science The world's views on genetically modified products are basically the same.
    As long as the safety has been recognized by the authority, then this genetically modified product will be no problem
    .
    Huang Dafang said that the "golden rice" incident that had caused a lot of noise before, the people mistakenly thought that the safety of "golden rice" was problematic
    .
    But in fact, "golden rice" is not a safety issue, but a problem with the experimental procedure.
    These two concepts should not be confused.

    .
    At that time, relevant experts from the Chinese Center for Disease Control and Prevention cooperated with foreign countries to conduct further experiments on nutrition.
    According to Chinese law, if such experiments were to be performed, the approval of the health and agricultural departments was required, but at that time they did not follow the Chinese laws.
    The procedure was declared, so the city was full of ups and downs
    .
    Huang Dafang said that in fact, many types of genetically modified crops have been approved in China, such as soybean, corn, rapeseed, and cotton genetically modified crops.
    The total number of imported products in these years is about 20 to 30
    .
    Among them, the annual import volume of soybeans reaches 70, 80,000 tons, and most of them are genetically modified soybeans
    .
    Jiang Tao, a senior engineer at the Biology Research Center of the Institute of Genetics and Development of the Chinese Academy of Sciences, once said that the production of genetically modified crops has become an important feature and trend of modern agriculture
    .
    The U.
    S.
    is a GM power and a big country.
    Its cotton accounts for 86%, corn accounts for 80%, and soybeans account for 92%.
    In addition, Brazil, Argentina and other countries have surpassed the U.
    S.
    because of their lower costs.
    In the future, it will become a greater beneficiary country of genetic modification
    .
    Jiang Tao said that the practice of genetically modified crops has been carried out for 30 years, and commercialization has also taken nearly two decades.
    So far, there has not been a single case of food safety problems among the population eating genetically modified food.
    In addition, according to statistics, genetically modified crops The area accounts for only about one-tenth of the world's arable land, many of which are used for feed and processing raw materials
    .
    In 2013, the Ministry of Agriculture also published "Genetically Modified Foods Are the Same Safety as Non-Genetically Modified Foods", stating that genetically modified foods cause tumors and affect fertility, etc.
    are false.
    Four-fifths of the world's population consume genetically modified products
    .
    At present, in the cultivation of genetically modified crops in China, apart from cotton and papaya genetically modified products have been approved for planting, the planting of other genetically modified products has not yet been approved
    .
    Huang Dafang also emphasized, “(Although in some places or some crops) not planting does not mean that it is unsafe.
    Many people may not understand this, and they think that if they are not planted, there may be problems
    .
    ” He explained that genetically modified organisms The safety evaluation is the responsibility of the relevant authority
    .
    In China, the National Agricultural GMO Safety Committee is responsible, and in the EU, the European Food Safety Agency (EFSA) is responsible
    .
    However, the decision to import or plant depends on many factors, such as the degree of public understanding and acceptance, international trade frictions, and even domestic and foreign political factors
    .
    Huang Dafang believes that genetic modification is one of the inevitable trends in agricultural development in the future, and it cannot be stopped
    .
    In the 20 years from 1996 to the present, the planting area of ​​genetically modified plants has increased from 1.
    7 million hectares to 180 million hectares, an increase of more than 100 times
    .
    It can be seen from the increase in planting area that although the development of genetically modified organisms is controversial, it is still developing on a large scale industrialization
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

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