Chinese takeover of Syngenta fires up protestors
Swiss activists from Greenpeace Basel and MultiWatch Basel have protested outside the general shareholders meeting of Basel-based agrochemical company Syngenta.
They were protesting against the take-over of Syngenta by chemicals giant ChemChina. The $43 billion (CHF41.5 billion) deal was announced last yearExternal link.
According to MultiWatchExternal link, which exposes human rights violations of Swiss multinationals, “Syngenta’s pesticides have been linked to numerous health issues and severe environmental damages”.
On Tuesday, Chinese Prime Minister Li Keqiang extolling the benefits of globalisation during the World Economic Forum’s “Summer Davos” event in Dalian, China.
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