[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Watch: Mexico City Protest Against American Ex-Pat 'Invasion' Turns Viole

Kazakhstan Just BETRAYED Russia - Takes gunpowder out of Putin’s Hands

Why CNN & Fareed Zakaria are Wrong About Iran and Trump

Something Is Going Deeply WRONG In Russia

329 Rivers in China Exceed Flood Warnings, With 75,000 Dams in Critical Condition

Command Of Russian Army 'Undermined' After 16 Of Putin's Generals Killed At War, UK Says

Rickards: Superintelligence Will Never Arrive

Which Countries Invest In The US The Most?

The History of Barbecue

‘Pathetic’: Joe Biden tells another ‘tall tale’ during rare public appearance

Lawsuit Reveals CDC Has ZERO Evidence Proving Vaccines Don't Cause Autism

Trumps DOJ Reportedly Quietly Looking Into Criminal Charges Against Election Officials

Volcanic Risk and Phreatic (Groundwater) eruptions at Campi Flegrei in Italy

Russia Upgrades AGS-17 Automatic Grenade Launcher!

They told us the chickenpox vaccine was no big deal—just a routine jab to “protect” kids from a mild childhood illness

Pentagon creates new military border zone in Arizona

For over 200 years neurological damage from vaccines has been noted and documented

The killing of cardiologist in Gaza must be Indonesia's wake-up call

Marandi: Israel Prepares Proxies for Next War with Iran?

"Hitler Survived WW2 And I Brought Proof" Norman Ohler STUNS Joe Rogan

CIA Finally Admits a Pyschological Warfare Agent from the Agency “Came into Contact” with Lee Harvey Oswald before JFK’s Assassination

CNN Stunned As Majority Of Americans Back Trump's Mass Deportation Plan

Israeli VS Palestinian Connections to the Land of Israel-Palestine

Israel Just Lost Billions - Haifa and IMEC

This Is The Income A Family Needs To Be Middle Class, By State

One Big Beautiful Bubble": Hartnett Warns US Debt Will Exceed $50 Trillion By 2032

These Are The Most Stolen Cars In Every US State

Earth Changes Summary - June 2025: Extreme Weather, Planetary Upheaval,

China’s Tofu-Dreg High-Speed Rail Station Ceiling Suddenly Floods, Steel Bars Snap

Russia Moves to Nationalize Country's Third Largest Gold Mining Firm


World News
See other World News Articles

Title: Lawmakers Sound Alarm Over China Purchases Of US Farmland
Source: [None]
URL Source: https://www.zerohedge.com/geopoliti ... er-china-purchases-us-farmland
Published: Jul 21, 2021
Author: Tyler Durden
Post Date: 2021-07-21 01:26:51 by Horse
Keywords: None
Views: 400
Comments: 2

A group of bipartisan lawmakers are sounding the alarm over foreign purchases of prime US agricultural real estate, in an effort to lessen China's influence on the US economy.

Recent legislation advanced by House lawmakers warns that China's presence in the American food supply poses a national security risk, while key Senators have expressed interest in keeping American farms in American hands, according to Politico.

The debate over farm ownership comes amid broader efforts by Congress and the Biden administration to curb the nation’s economic reliance on China, especially in key industries like food, semiconductors and minerals deemed crucial to the supply chain. The call for tighter limits on who owns America’s farms has come from a wide range of political leaders, from former Vice President Mike Pence to Sen. Elizabeth Warren (D-Mass.), after gaining momentum seeded in farm states.

"America cannot allow China to control our food supply," said Pence during a Wednesday speech at the Heritage Foundation in which he urged President Biden and Congress to "end all farm subsidies for land owned by foreign nationals."

By the beginning of 2020, Chinese owners controlled approximately 192,000 agricultural acres in the US, worth around $1.9 billion - including land used for farming, ranching and forestry, according to the Department of Agriculture. It's a small but growing percentage of the nearly 900 million acres of total US farmland - with the USDA reporting in 2018 that China's agricultural investments have grown more than tenfold since 2009.

The Communist Party has actively supported investments in foreign agriculture as part of its “One Belt One Road” economic development plans, aiming to control a greater piece of China’s food supply chain.

“The current trend in the U.S. is leading us toward the creation of a Chinese-owned agricultural land monopoly,” Rep. Dan Newhouse (R-Wash.) warned during a recent House Appropriations hearing.

The committee unexpectedly adopted Newhouse’s amendment to the Agriculture-FDA spending bill (H.R. 4356 (117)) that would block any new agricultural purchases by companies that are wholly or partly controlled by the Chinese government and bar Chinese-owned farms from tapping federal support programs. -Politico

Rep. Grace Meng (D-NY) warned that the new law would "perpetuate already rising anti-Asian hate," however she and committee leaders have indicated a willingness to find a solution as the legislation works its way through Congress, according to the report. It's expected to reach the House floor before the end of this month as part of a broader appropriations package, however the Senate has yet to draft their own version of the spending bill.

Of note, Saudi Arabia has also been buying up US farmland in the Southwest.

"We are new in this process," said Rep. Sanford Bishop (D-GA.), chair of the agriculture appropriations subcommittee. "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."

Read the rest of the report here.

https://www.politico.com/news/2021/07/19/china-buying-us-farms-foreign-purchase-499893


Poster Comment:

Also worried about Bill Gates buying farm land. Brazil and Argentina have cut off exports due to bad weather. China is also experiencing a 2nd year of bad weather.

Are you old enough to remember when Henry Kissinger sold off our wheat to the Russians to get their help to end the Vietnam war? Wheat prices tripled over night. Japan and China went to Brazil and Argentina to buy food. Not this year. So our food prices will explode as we are the only seller.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Horse (#0)

A lot of countries allow only citizens of the country to buy land in their country. The US of A allows anyone to buy land in the US of A.

Darkwing  posted on  2021-07-21   10:52:59 ET  Reply   Trace   Private Reply  


#2. To: Horse, 4um (#0)

Also worried about Bill Gates buying farm land.

Yeah, that's more of an immediate threat than the Chinks.

The light that burns twice as bright, burns half as long. - Dr. Eldon Tyrell

Godfrey Smith: Mike, I wouldn't worry. Prosperity is just around the corner.
Mike Flaherty: Yeah, it's been there a long time. I wish I knew which corner.
My Man Godfrey (1936)

Esso  posted on  2021-07-21   11:12:19 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]