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Jun 26, 2023 · Chinese ownership of U.S. land is highly concentrated. USDA data obtained by NPR shows more than 80% of Chinese-owned land is held by Smithfield Foods, and a billionaire named Sun Guangxin, through Brazos Highland Properties LP and Harvest Texas LLC.
Jun 26, 2023 · According to the most recent U.S. Department of Agriculture data, from 2021, foreign governments do not directly own land in the U.S. But for the purposes of this story, we're using...
- Ximena Bustillo
State and federal lawmakers are pushing to regulate foreign ownership of U.S. real estate because of fears that Chinese entities are creating a national security risk by amassing swaths of U.S....
Jan 17, 2024 · In fact, between 2010 and 2021, foreign-owned agricultural land increased by 15.8 million acres. Canadian investors own the most land – 31% -- followed by the Netherlands, Italy, the United Kingdom and Germany. China ranks 18th on the list, owning 0.3% of U.S. agricultural land.
Apr 3, 2024 · Skepticism about federal protections spurs surge in laws aimed to firewall states from perceived malign Chinese influence through land purchases.
Jul 19, 2022 · Fufeng USA, a subsidiary of Hong Kong-listed Fufeng Group, purchased a parcel of farmland in Grand Forks for $2.6 million this year for the construction of a wet corn mill, which will extract...
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Feb 13, 2023 · Lawmakers from Virginia and Texas are pushing to ban Chinese citizens and companies from purchasing farmland and real estate over a threat to ‘national security’. Experts say Beijing is becoming an issue on both sides of the aisle amid rising tensions, while critics call it anti-foreigner hysteria. Advertisement.
