US, states weigh farmland restrictions after Chinese balloon
As U.S.-China relations cool amid trade disputes and espionage fears stoked by the Chinese spy balloon shot down off the Atlantic Coast, lawmakers in Congress and at least 11 statehouses are weighing legislation to further limit foreign ownership of farmland.
apnews.com
Air Force opposes Chinese-owned corn plant for North Dakota
The U.S. Air Force is telling North Dakota leaders it believes a Chinese company’s plan to build a wet corn milling plant near the Grand Forks Air Force Base poses a national security threat.
apnews.com
Tester’s Bipartisan Bill Aims to Protect American Farmland from Foreign Entities - Senator Jon Tester
Senator’s bipartisan PASS Act would prevent foreign powers like China from buying U.S. agricultural land Continuing his fight to defend America’s food supply and national security, U.S. Senator Jon Tester (D-Mont.) today teamed up with U.S. Senator Mike Rounds (R-S.D.) to introduce bipartisan...
www.tester.senate.gov
Spy fears spark flurry of proposed laws aiming to ban Chinese land ownership
Some lawmakers have proposed banning Chinese citizens from buying US land. Critics say the proposals hark back to racist laws of the early 1900s.
www.usatoday.com
How much of the U.S. land does China own?
Foreign-owned land accounts for about 2.7% of all U.S. farmland and forest land, which, according to the Department of Agriculture, is about 897 million acres.
financeband.com
