Trade Insights Today - Investing and Stock News
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Trade Insights Today - Investing and Stock News
No Result
View All Result
Home Latest News

Senate Republicans launch effort to ban Chinese nationals from buying land in US

by
January 22, 2025
in Latest News
0
Senate Republicans launch effort to ban Chinese nationals from buying land in US
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

Republican senators are putting forth legislation that would ban China from buying U.S. land entirely. 

The Not One More Inch or Acre Act, led by Republican Sens. Tom Cotton of Arkansas, Kevin Cramer of North Dakota and Katie Britt of Alabama, would require the sale of land owned or ‘influenced’ by the CCP that is deemed a national security risk. It would direct the president to take action to prohibit the purchase of public or private real estate in the U.S. by Chinese citizens or companies.

China owned around 350,000 acres of farmland across 27 states as of last year, according to data from the U.S. Department of Agriculture. 

As of 2022, foreign entities and individuals held 43.4 million acres of U.S. agricultural land, which is nearly 2% of all land in the U.S.

Lawmakers have argued that China’s land buys are a national security risk since many of them are near military installations. For years, Chinese nationals have attempted to breach U.S. military facilities, often through the use of surveillance drones or posing as tourists. 

‘For decades, the Chinese Communist Party has been gobbling up American farmland and real estate,’ Cotton, chair of the Senate Intelligence Committee, said in a statement.

‘At best, this submits American land and resources to China’s best interests, not America’s—at worst, these purchases serve as outposts for Chinese espionage campaigns against American businesses and military bases. We can’t allow Chinese citizens, or anyone affiliated with the CCP, to own one more inch of American soil. And any American land exploited by current Chinese ownership should be sold.’

Some states have already barred foreign nationals from purchasing land.

Smithfield Foods, which has a Chinese parent company, makes up the largest share of Chinese-owned land with 110,000 acres. 

A 2022 Chinese land purchase brought concerns to a fever pitch when food producer Fufeng Group bought 370 acres for corn milling near a North Dakota Air Force base.

‘One acre of American farmland owned by the Chinese Communist Party is one acre too many,’ said Britt. ‘The CCP’s strategic acquisition of farmland, particularly near our military installations, isn’t just a national security risk, it is a threat to our economic and food security.’

That prompted the Biden administration to propose a rule requiring any foreign company or individual looking to buy land within 100 miles of certain U.S. military bases to get government approval.

Last month, a Chinese national was arrested at San Francisco International Airport before he could board a flight to China on accusations that he tried to fly a drone over Vandenberg Air Force base in California.

Efforts to thwart China from purchasing U.S. farmland near U.S. military installations have gained steam among Republicans in both chambers. 

‘It’s a major concern for me that countries like China have increased purchases of American farmland tenfold over the last decade to control our land and threaten our food, energy and national security,’ Rep. Randy Feenstra, R-Iowa, who led efforts in the House to ban China from buying farmland suitable for energy production, told Fox News Digital. 

This post appeared first on FOX NEWS
Previous Post

Trump’s Day One actions reversed Biden-era health policies, including efforts to expand ObamaCare

Next Post

With Trump digital coins, billions of dollars — and crypto’s credibility — are at stake

Next Post
With Trump digital coins, billions of dollars — and crypto’s credibility — are at stake

With Trump digital coins, billions of dollars — and crypto’s credibility — are at stake

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • Trending
    • Comments
    • Latest
    Buy Bitcoin Under $100K Before The Next Bull Run

    Buy Bitcoin Under $100K Before The Next Bull Run

    April 22, 2025
    KIATOKEN ICO (KIA): Transforming Philanthropy with Crypto

    KIATOKEN ICO (KIA): Transforming Philanthropy with Crypto

    April 3, 2024
    Consumers are tired of price increases. Big brands are paying attention.

    Consumers are tired of price increases. Big brands are paying attention.

    February 23, 2024
    Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

    Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

    0
    Rite Aid is closing more than 150 stores as part of its bankruptcy process

    Rite Aid is closing more than 150 stores as part of its bankruptcy process

    0
    Here are the nine Republicans running for House speaker

    Here are the nine Republicans running for House speaker

    0
    Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

    Trump dismisses Musk’s political ambitions as ‘ridiculous’ in sharp rebuke

    July 7, 2025
    Iran still wants a nuclear weapon despite ‘serious damage’ from US, Israeli strikes: expert warns

    Iran still wants a nuclear weapon despite ‘serious damage’ from US, Israeli strikes: expert warns

    July 6, 2025
    Democrats project doom and gloom, not celebration, with July 4 messages

    Democrats project doom and gloom, not celebration, with July 4 messages

    July 5, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Tradeinsightstoday.com

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Tradeinsightstoday.com