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Chinese agribusiness giant Fufeng gets US federal clearance for controversial North Dakota land sale
South China Morning Post ^ | 14 Dec, 2022 | Khushboo Razdan

Posted on 12/15/2022 12:31:23 PM PST by george76

Inter-agency body says it will not block company’s US$700 million corn milling plant in city of Grand Forks..

Residents who object to the project say it is too close to air force base and could be a ‘smokescreen’ for espionage

....

A US inter-agency body charged with assessing national security risks involving foreign investments announced on Monday it will not block a Chinese agribusiness subsidiary’s proposed US$700 million corn milling project in North Dakota.

After completing a 45-day review, the Committee on Foreign Investment in the United States (CFIUS) concluded that Fufeng USA’s purchase of 150 hectares (370 acres) of land in the city of Grand Forks from a private citizen is “not covered” under its jurisdiction.

In a statement released on Tuesday, the subsidiary of Chinese agribusiness giant Fufeng said CFIUS would not be taking any further action on the transaction, adding that the company was “pleased with the outcome of the CFIUS review” and was “looking forward to building its wet corn milling and bio-fermentation plant in Grand Forks”.

...

First approved in November 2021, the project has drawn suspicion in the city of 58,000 residents since early this year.

Concerned residents pointed out that the plant would be located merely 19km (12 miles) from Grand Forks Air Force Base, home to top US intelligence, surveillance and reconnaissance capabilities.

Some in the community have called the plans to build an agribusiness facility a smokescreen for espionage activities. Others fear it could “bring Communist China” to their neighbourhood.

...

Responding to public outcry, US Senators John Hoeven and Kevin Cramer, both Republicans from North Dakota, have urged the city administration to jettison the project without a federal review, citing a lack of “transparency” in the CFIUS process.

(Excerpt) Read more at scmp.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Government; News/Current Events; Politics/Elections; US: North Dakota; US: South Dakota
KEYWORDS: airforce; airforcebase; cfius; china; communist; communistchina; espionage; fufeng; grandforks; minot; northdakota; smokescreen
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To: mewzilla

And I think there was a Chinese listening post in Texas that was shut down.


21 posted on 12/15/2022 1:11:02 PM PST by DannyTN
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To: DannyTN

So I’m having trouble visualizing a Chinese “listening post.”——a chicom guy sitting on a tall stool with a megaphone sticking in his ear? Trying hard here.


22 posted on 12/15/2022 1:55:22 PM PST by OldWarBaby
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To: george76
WCjMLbx
23 posted on 12/15/2022 2:18:31 PM PST by cuz1961 (USCGR Veteran )
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To: george76

The project say it is too close to air force base and could be a ‘smokescreen’ for espionage.

Wonder if Biden received Xi’s thank you card and bag of prizes yet?.

What the illegals don’t take China takes the rest what replacement plan huh Moe.


24 posted on 12/15/2022 2:23:50 PM PST by Vaduz (LAWYERS )
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To: george76

.


25 posted on 12/15/2022 2:40:32 PM PST by sauropod (Fascists also buy Comcast cable packages" - Olby - Wanna buy mine?)
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To: cuz1961

Loved the mini Fauci! LOL!


26 posted on 12/15/2022 3:51:58 PM PST by lizma2
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To: blueunicorn6

You may want to contact the owners of the Huff Hills ski area near Mandan, North Dakota-it has a very impressive 450 ft vertical.


27 posted on 12/15/2022 5:31:24 PM PST by Maine Mariner
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To: Maine Mariner

Oh my, Jean Claude!

It is a veritable cliff!


28 posted on 12/15/2022 6:51:32 PM PST by blueunicorn6 ("A crack shot and a good dancer” )
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To: blueunicorn6

LOL.

Its vertical drop is 100 feet more than Afton Alps in Hastings, MN!
+


29 posted on 12/15/2022 6:54:19 PM PST by Maine Mariner
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