Some of these fears exist because of a gap in data on where Chinese-owned land is, and whether it's near military installations. Some lawmakers consider that a security threat Jon Tester, D-Mont., who is skeptical of Chinese land ownership in the U.S., told NPR. "I don't know that we know for sure all the foreign land that potentially is owned by Chinese individuals or folks controlled by the Chinese government," Sen. Now legislation in Congress would restrict Chinese ownership of U.S. Corporations own the majority of that land. as well as purchased major food companies like Smithfield Foods, the United States' largest pork processor. Indeed, during the past four decades, Chinese companies and investors have bought up land in the U.S. assets or gain access to U.S.-based information. food and energy supply, as well as a hold on markets and critical infrastructure.Īlthough Chinese-owned land is a tiny fraction of all foreign-owned land in the U.S., its purchases have raised fears that the Chinese government could have control, through the Chinese corporations, over U.S. Lawmakers feared that China, which many policymakers view as a strategic adversary even though it's the country's top trading partner outside North America, could gain control over the U.S. In 2021, a Chinese company bought land near an Air Force base in Grand Forks, N.D., sending lawmakers into a frenzy. Fuller/VW Pics/ Universal Images Group via Getty Images The Smithfield feed processing mill producing food for nearby hog-raising farms in Milford, Utah.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |