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    Home»News & Views»Fears Continue to Grow As China Buys Up US Farmland
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    Fears Continue to Grow As China Buys Up US Farmland

    By TheHub.news StaffSeptember 8, 202302 Mins Read
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    U.S. lawmakers fear that China could gain control over the U.S. food and energy supply, as well as a hold on markets and critical infrastructure, as the country has already amassed a significant amount of farmland.

    In the U.S., eight states, including Florida, Virginia, North Dakota, Montana and Arkansas, moved to pass bills this session to ban “foreign adversaries” and foreign entities—specifically China—from buying farmland.

    REID RASNER FOR UNITED STATES SENATE ANNOUNCES NEW LEGISLATION THAT WILL PROHIBIT CHINA FROM BUYING AND CONTROLLING OUR FARMLANDS. pic.twitter.com/IlZ8klysaZ

    — Reid Rasner (@ReidRasner) September 7, 2023

    In May, Florida’s Governor Rod DeSantis signed a bill prohibiting most citizens from “foreign countries of concern” from purchasing land on or within 10 miles of any “military installation or critical infrastructure facility,” including seaports, airports and power plants. A bill was also signed into law, banning internet applications like TikTok on Florida government devices over fears of the ever-growing Chinese influence.

    “Today, Florida makes it very clear: We don’t want the (Chinese Communist Party) in the Sunshine State. We want to maintain this as the ‘Free State of Florida.’ That’s exactly what these bills are doing,” DeSantis said at the time.

    Foreign ownership of U.S. agricultural land doubled from 2009 to 2019, according to U.S. Department of Agriculture (USDA) records. Despite the deepening concern over China’s influence, of U.S. agricultural land owned by Chinese interests is less than three-hundredths of 1%. Some feel lawmakers are moving to act quickly without little to no supporting evidence.

    “I think there’s a good reason to want to keep control of strategic interests in one’s own country … but these bills about farmland, these bills about just property in general, to me, it’s transparent that they’re rooted in racism and xenophobia again because we’ve seen this before. It really isn’t the first time,” Nancy Qian, a professor of economics at Northwestern University’s Kellogg School of Management who has researched U.S. exclusion laws, told CNN.

    I signed the strongest legislation in the nation to stop the influence of the Chinese Communist Party. The legislation:
    – Prohibits land purchases by the CCP
    – Blocks access to CCP-linked apps on government and educational institution servers and devices
    – Prevents the CCP from… pic.twitter.com/bDSMCjy0fZ

    — Ron DeSantis (@GovRonDeSantis) May 8, 2023

    Former President Trump vowed to ban Chinese investors from buying U.S. farmland and other critical infrastructure and force sales of their current holdings if he retakes the White House.

    “China has been spending trillions of dollars to take over the crown jewels of the United States’s economy,” Trump said in a campaign video in January. “To protect our country, we need to enact aggressive new restrictions on Chinese ownership of any vital infrastructure in the United States, including energy, technology, telecommunications, farmland, natural resources, medical supplies and other strategic national assets.”

    china Thehub.news
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