Posted By: 330-Trapper
Why Not? - 02/08/23 04:18 PM
Why Should China own half of the USA
They already own all the National parks Gift shops.
"Why America might ban Chinese ownership of U.S. farmland
Joel Mathis, Contributing Writer
February 7, 2023, 4:46 am
Farming.
Farming. Scott Olson/Getty Images
Is China buying up U.S. farmland? And is that a threat to America's food supply? The issue has become a "flashpoint" in relations between the two countries, The Wall Street Journal reports. In Congress and in a growing number of U.S. states, there is a movement to ban foreign ownership of agricultural land so that "the U.S. food-supply chain is protected and that China and other foreign adversaries aren't able to use U.S. land as a perch for spying." But some critics suggest that such efforts are the result of anti-Asian sentiment that has been festering in the United States in recent years. "This is the same sentiment that had people putting up signs saying 'Irish Need Not Apply,'" said one Texas lawmaker. How much American land is owned by Chinese entities? And are bans on the way? Here's everything you need to know:
Are Chinese owners actually buying U.S. farmland?
If they do, it's not that much. Agriculture.com reports on federal data that shows that Chinese owners control just 0.5 percent of all U.S. farmland — and just less than 1 percent of "foreign-held acres" overall. (Overall, foreigners own roughly 3 percent of American agricultural land, with Canadians comprising the largest landholders.) But Politico noted in 2021 that Chinese corporations have spent the last decade buying American agribusiness companies — like the pork producer Smithfield Foods — and that by the start of this decade, owned roughly 192,000 acres of farmland. And the Center for Strategic & International Studies notes that foreign ownership of American farmland doubled between 2009 and 2019. (The U.S. has about 900 million acres ."
Compete article
https://news.yahoo.com/why-america-might-ban-chinese-104611513.html
They already own all the National parks Gift shops.
"Why America might ban Chinese ownership of U.S. farmland
Joel Mathis, Contributing Writer
February 7, 2023, 4:46 am
Farming.
Farming. Scott Olson/Getty Images
Is China buying up U.S. farmland? And is that a threat to America's food supply? The issue has become a "flashpoint" in relations between the two countries, The Wall Street Journal reports. In Congress and in a growing number of U.S. states, there is a movement to ban foreign ownership of agricultural land so that "the U.S. food-supply chain is protected and that China and other foreign adversaries aren't able to use U.S. land as a perch for spying." But some critics suggest that such efforts are the result of anti-Asian sentiment that has been festering in the United States in recent years. "This is the same sentiment that had people putting up signs saying 'Irish Need Not Apply,'" said one Texas lawmaker. How much American land is owned by Chinese entities? And are bans on the way? Here's everything you need to know:
Are Chinese owners actually buying U.S. farmland?
If they do, it's not that much. Agriculture.com reports on federal data that shows that Chinese owners control just 0.5 percent of all U.S. farmland — and just less than 1 percent of "foreign-held acres" overall. (Overall, foreigners own roughly 3 percent of American agricultural land, with Canadians comprising the largest landholders.) But Politico noted in 2021 that Chinese corporations have spent the last decade buying American agribusiness companies — like the pork producer Smithfield Foods — and that by the start of this decade, owned roughly 192,000 acres of farmland. And the Center for Strategic & International Studies notes that foreign ownership of American farmland doubled between 2009 and 2019. (The U.S. has about 900 million acres ."
Compete article
https:/