China is buying billions in US farmland and lawmakers are scrambling to try to stop them
U.S. lawmakers are acting with increased concern as Chinese purchasers are buying tens of thousands of acres of U.S. farmland.
As of the start of 2020, Chinese investors owned about 192,000 acres of U.S. agricultural land valued at about $1.9 billion, according to Politico. While Chinese land ownership in the U.S. is less than that of other foreign nations, the growth in Chinese land ownership is part of an overall trend in China rapidly buying up other country’s farmland over more than a decade
americanmilitarynews.com
The extensive Chinese land holdings in the U.S. have stirred calls to cut China off and stem the potential U.S. reliance on those Chinese landowners from both sides of the political aisle
“The current trend in the U.S. is leading us toward the creation of a Chinese-owned agricultural land monopoly,” Rep. Dan Newhouse (R-WA) warned in a recent House Appropriations hearing.
U.S. lawmakers are acting with increased concern as Chinese purchasers are buying tens of thousands of acres of U.S. farmland.
As of the start of 2020, Chinese investors owned about 192,000 acres of U.S. agricultural land valued at about $1.9 billion, according to Politico. While Chinese land ownership in the U.S. is less than that of other foreign nations, the growth in Chinese land ownership is part of an overall trend in China rapidly buying up other country’s farmland over more than a decade

China is buying billions in US farmland and lawmakers are scrambling to try to stop them
U.S. lawmakers are acting with increased concern as Chinese purchasers are buying tens of thousands of acres of U.S. farmland. As of the start of 2020,
The extensive Chinese land holdings in the U.S. have stirred calls to cut China off and stem the potential U.S. reliance on those Chinese landowners from both sides of the political aisle
“The current trend in the U.S. is leading us toward the creation of a Chinese-owned agricultural land monopoly,” Rep. Dan Newhouse (R-WA) warned in a recent House Appropriations hearing.