A $44bn Chinese bid for Swiss seeds and chemicals group Syngenta has come under fire from an influential US lawmaker for what he says are concerns it raises about the impact on US food and national security.
In a radio interview broadcast on Wednesday, Chuck Grassley, the Iowa Republican who chairs the Senate Judiciary Committee, said he was concerned that state-owned ChemChina’s bid for Syngenta would give Beijing ownership of a vital part of the US’s agricultural infrastructure.
“Because the food and agriculture sectors are part of the nation’s critical infrastructure this merger raises questions about the potential national security implications,” the veteran senator told an Iowa radio station.
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