Free Republic

1k Fri, February 10, 2023 at 2:41 AM EST·1 min read BEIJING (Reuters) -The United States is violating the principles of market economy and international trade rules in considering a ban on Chinese citizens buying property in the United States, the Chinese foreign ministry said on Friday. "Generalizing the concept of national security and politicising economic, trade and investment issues violate the rules of market economy and international trade rules," spokesperson Mao Ning said at a regular press briefing.

All across America, U.S. farmland is being gobbled up by foreign interests. So when we refer to "the heartland of America", the truth is that vast stretches of that "heartland" is now owned by foreigners, and most Americans have no idea that this is happening. These days, a lot of people are warning about the "globalization" of the world economy, but in reality our own soil is rapidly being "globalized".

… Soon after Fidel Castro won control of Cuba in 1959, his government began confiscating the property of thousands of U.S. citizens and companies. For Edmund and Enna Chester, the losses included an 80-acre farm, hundreds of thousands of dollars’ worth of stock, and a brand new Buick that, who knows, may still be plying Havana’s streets. The confiscation of American property, valued today at $7 billion or more, was wrapped up in the retaliatory back-and-forth that led to the trade embargo, which remains in place. In 1996, Congress passed a law insisting Cuba repay Americans for what was taken...