Arizona Gov. Katie Hobbs on June 2 vetoed a bill that would have prohibited the Chinese communist regime and state-owned enterprises from acquiring property in Arizona, according to her office.Arizona Gov. Katie Hobbs speaks at the state Capitol in Phoenix on May 2, 2024. Matt York/AP PhotoSenate Bill 1109, sponsored by Arizona Senate Majority leader Janae Shamp (R-Ariz.), seeks to prevent China from buying or holding a substantial interest—a 30 percent stake or more—in property within Arizona.The proposed measure was designed to safeguard the state’s “military, commercial and agricultural assets” from the risks of “foreign espionage and sabotage,” which could...