Skip to comments.China is buying billions in US farmland and lawmakers are scrambling to try to stop them
Posted on 01/14/2022 12:50:24 AM PST by gattaca
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.
In 2018, the U.S. Department of Agriculture (USDA) reported that China’s agricultural investments in other nations had grown more than tenfold what they had
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.
In a speech last week for the conservative Heritage Foundation, Republican former Vice President Mike Pence said, “America cannot allow China to control our food supply.” During his speech, Pence called on President Joe Biden to “end all farm subsidies for land owned by foreign nationals.”
Both Iowa and Minnesota have already passed state laws, imposing restrictions on foreign ownership of farmland in their states. In 2019, ahead of the Democrat presidential primaries, then-candidate Warren said she would support a national version of Iowa’s law and further safeguards against foreign investors buying farmland through “fake American buyers” to circumvent land purchase rules.
“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.
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Chicoms are an illegitimate regime. Seize their assets. Call it “Felt and Robe” and don’t let them export anything.
Everyday I hate Nixon and Clinton more and more. My hatred of Kissinger is at the max.
For some reason the West is afraid of China.
scrambling?? just fkn stop it as quick as you allowed it...
Several months ago China fired their head of agricultural statistics and immediately reported the highest harvest figures ever. Record high harvests!
Anyone can see that they lie, and were merely inflating their figures to suppress world commodity prices so they could buy contracts at bargain prices.
Sure enough, China bought up everything they could and now hold the highest reserves.
Do the above figures include the indirect ownership through corporations they own like Smithfield Meats where they own over 140,000 acres?
Come to think of it, maybe China had something to do with the recent coup.
China could even be involved in the COVID extortion racket
I better go check my bacon for COVID germs, maybe thats where its coming from
We could seize them all and it would not pay Covid damages.
how can that be possible ?
Agree. They have no allies outside of Pakistan, NKorea and Iran.
China is a broke, paper tiger trying to start shit to assuage their growing pissed off population.
Yeah. I hate them too, but they didn’t make China what it is today. Clinton sold them military missile tech and Nixon legitimized Mao.
The Bushies are guilty of other crimes.
Need a strong leader like Trump to stop this, not a weak stuttering Biden.
Just like the Roman Empire, we are inviting our own destruction.
Internal strife. Check.
Economic deterioration. Check.
Politically split country wider than Grand Canyon. Check
Weakening military. Check.
Illegal migration and invasion. Check.
And peeps wonder why there are persistent comparisons between the US and the historical fall of empires.......
I’m not so sure that it’s because the US is afraid of China. I think it’s because so many election officials have been bought and paid for by China.
I am not especially upset by this.
Whenever temporarily rich individuals or countries purchase an American business, they ALWAYS pay too much!
Are they as concerned about the Ports America sale, one wonders...?
They are allowing it so they are not responsible when the Chinese help them overturn America, control the food control the population.
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