A spy balloon floated over most of the continental United States. A Chinese government-linked corporation purchased a plot of land near a sensitive military base.
The recent brushes with China have crystallized a challenge for lawmakers and defense experts that has long sat in the shadows — Beijing's steadily increasing share of U.S. land poses a serious “national security threat.”
While China is known to own just a fraction of American agricultural land — a little less than 1% of all foreign-held land, according to the Department of Agriculture — its investment in agricultural holdings has increased dramatically in recent years. Chinese investors owned just 69,295 acres of American land at the end of 2011, according to the USDA, but by the end of 2021, Chinese investors controlled 383,935 acres.
A local city council finally rejecting the Chinese government-linked Fufeng Group's plans for a site very close to Grand Forks Air Force Base in North Dakota helped highlight the issue, but the episode also revealed the federal government's apparent hesitance to act.
“Allowing Chinese companies with connections to the party-state to buy strategically important land in the United States is a national security threat,” Sen. Marco Rubio (F-FL), vice chairman of the Senate Intelligence Committee, told the Washington Examiner. “We need to treat the Chinese Communist Party for what it is — our greatest adversary.” --->READ MORE HERE
 |
| iStock/iStock |
China has increased their holdings of farmland outside of China by 1,000%
Concerns are growing over China's effort to buy up American farmland near U.S. military bases.
China expert Michael Pillsbury issued an urgent warning on "Mornings with Maria," for legal action to be taken against the Chinese Communist Party as concerns for national security swell.
"It's a very important subject and it's a good example of a larger problem," he told host Maria Bartiromo on Monday.
"There needs to be a law passed by both houses, signed by the president monitoring this or saying it cannot be done if it's so many hundreds of miles away from an Air Force base. But there's no action by Congress," he continued.
According to the USDA, Chinese landowners control approximately 383,000 acres of U.S. farmland – and their investments are growing, FOX Business' Lydia Hu reported on Monday. Chinese ownership of U.S. farmland jumped more than 20-fold in a decade from $81 million in 2010 to nearly $1.9 billion in 2021.
Hu pointed out that the Fufeng Group, a China-based chemical manufacturing company, bought 300 acres of land for a corn mill in Grand Forks, North Dakota. The location is only 12 miles away from the Grand Forks Air Base, home to U.S. intelligence, surveillance and reconnaissance units and top-secret drone technology. --->READ MORE HEREFollow links below to related stories:
Top senator pushes ban on all Chinese purchases of US land: 'Not one more inch'
Cotton: No Chinese Citizen, Company Should Own American Land
If you like what you see, please "Like" and/or Follow us on FACEBOOK here, GETTR here, and TWITTER here.
No comments:
Post a Comment