In efforts to rid China of its economic influence on the U.S. economy, lawmakers are pursuing measures to crack down on foreign purchases of American agricultural real estate
House lawmakers recently advanced legislation to achieve that goal, warning that China’s presence in the American food system presents a national security risk, Politico reports.
The debate over farmland real estate comes amid larger efforts by Congress to slow America’s economic reliance on China in key industries. Indeed, the push for restrictions on farm ownership has come from a wide range of politicians on both sides of the aisle, including Elizabeth Warren and former Vice President Mike Pence.
“America cannot allow China to control our food supply,” Pence said during a speech Wednesday at the Heritage Foundation. He called on Biden and Congress to “end all farm subsidies for land owned by foreign nationals.”
At the start of 2020, Chinese controlled about 192,000 acres of farmland in the U.S., totaling up to a whopping total of $1.9 billion.
This is in part due to the Communist Party supporting agricultural investments as part of its “One Belt Road” economic development plans.
“The current trend in the U.S. is leading us toward the creation of a Chinese-owned agricultural land monopoly,” Rep. Dan Newhouse, a republican, warned during a recent House Appropriations hearing.
Newhouse proposed an amendment to the Agriculture-FDA spending bill that would block any new agricultural purchases by companies controlled by the CCP. The measure is expected to reach the House floor shortly.
“We are new in this process,” Rep. Sanford Bishop, chair of the agriculture appropriations subcommittee, said. “I would suggest that we sit down and we work through it so we can accomplish our objective, but do it in a way that is sensitive to all those who might be somewhat offended by the approach.”
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Nothing this administration is doing, allowing makes any sense. We all know who’s selling the land to China, who’s in their back pockets. Our gov is selling out America right before our eyes. JB, well.. seems he’s a pro at doing that.
IT SHOULD have been wrote into CONSTITUTIONAL LAW, decades ago “NO FOREIGN GOVERNMENT or Corporation CAN EVER OWN LAND, or any form of Infrastructure, that is in the USA” period!!!!!
A glaring sign of gross incompetence by this administration. Under no circumstances should we be selling any land to China. America is being made way too vulnerable to the ill intents of the Chinese. You just don’t allow a Communist regime, who is a serious enemy of this country, to come over here and take ownership of whatever they want.
They still have a lot of answering to do regarding the COVID fiasco. Their military exercises and threats should send a strong enough message to DC that they do not wish to be on good terms with the US. Very poor leadership on display here—or rather, a total lack of it.
Another thing: Obviously, I don’t know the terms of these land purchases, but should the day come and we want to buy the land back, you can bet we will pay through the nose and out the a** to get it back. That’s assuming we aren’t retaining any ownership rights in these deals.
YOU shouldn’t be allowing ANY FOREIGN entitty, period, to purchase land in the USA.. NOT just china.
Biden is going to stand firm on China, when China owns Hunter and Joe?
“America cannot allow China to control our food supply,” Pence said
Why not politician? You’ve sold them everything else (including you’re integrity). Don’t sell them farms (usually owned by white man), sell them D.C., if they’ll have it….
They shouldn’t “CONTROL” anything, in our nation.. Doesn’t matter if its politicians, sports teams, or farm lands…
What China does not buy , Bill Gates will buy it. Funny how Gates knew the exact year 2020 that the pandemic would hit, see his speech from 2008 or around there.
If China owns the government, why not the land too. China will grow it, sell it expensively and ship leftover to their citizens just enough to keep them alive.
Here is something odd, Gates is buying up farm land as well and doing it on a world wide basis. Is it possible that owning the food producing means could lead to controlling the world?
IN ONE WORD.
Yes.
In two words
HELL Yes.