WebMay 28, 2024 · REUTERS/Ken Cedeno. President Biden dropped an ominous note into his remarks to American service members at a Virginia military base Friday, telling them that his Chinese counterpart believes ... WebJul 22, 2024 · Last month, the House Appropriations Committee approved language that would stop Chinese-linked individuals or concerns from purchasing more land and bar the land already purchased from farm subsidies as part of a $197 billion spending bill for the U.S. Department of Agriculture and the Food and Drug Administration. “The current trend …
China “Pwns” Us: How the Chinese are Buying Up America
WebJun 8, 2024 · CHAMPAIGN, Ill. (AP) — Foreign investors acquired at least 1.6 million acres of U.S. agricultural land in 2016, the largest increase in more than a decade, according to a review by the Midwest Center for Investigative Reporting of the latest available federal data. The data from the U.S. Department of Agriculture show that foreign investors control — … WebMar 2, 2024 · Missouri is one of 14 states that already restrict foreign ownership of agricultural land. The new legislation would lower the cap on foreign ownership from 1% to 0.5% of all agricultural land in ... on the boards meaning architecture
Foreign Purchases of U.S. Agricultural Land: Facts, Figures, and an ...
WebJun 6, 2024 · As foreign ownership of agriculture land continues to increase, efforts to limit foreign ownership of U.S. farmland have gained traction. ... We need to protect this valuable asset for the United States.” Smithfield did not respond to a request for comment on the changes. China ownership surges. According to federal data, WH Group’s ... WebJul 19, 2024 · By the start of 2024, Chinese owners controlled about 192,000 agricultural acres in the U.S., worth $1.9 billion, including land used for farming, ranching and … WebOct 20, 2024 · For its part, China owned 191,000 acres worth $1.9 billion as of 2024. This might not sound like a lot, but Chinese ownership of American farmland has exploded dramatically over the last decade. Indeed, there has been a tenfold expansion of Chinese ownership of farmland in the United States in less than a decade. on the boards jobs