WebJul 22, 2024 · Jul 22, 2024. There's mounting pressure on lawmakers to crack down on Chinese investors buying American farmland. Foreign holdings of U.S. agricultural land are in public eye after a speech in Washington last week by former Vice President Mike Pence. “Chinese investors now own nearly 200,000 acres of prime American farmland. WebJul 29, 2024 · By the beginning of 2024, Chinese companies possessed $1.9 billion in American agricultural land, amounting to approximately 192,000 acres of the almost 900 million acres of farmland in the U.S.
Chinese Companies Buying American Agricultural Land Raises …
WebJan 13, 2024 · China has become one of the biggest players in American agriculture. In the decade ending in January 2024, the Chinese snapped up 192,000 acres of America’s 900 million acres of farmland. That ... WebAug 3, 2024 · “China’s American agricultural land holdings have increased over tenfold in the last decade, and at the beginning of 2024, investments from China held $2 billion of American agricultural land,” Newhouse stated. Pompeo tweeted this week, “CCP-controlled entities are now buying up American farmland, much of which is near U.S. military bases. gabilly david
Foreign Investors Are Snapping Up US Farms – Mother Jones
WebMay 5, 2024 · In 2013, Smithfield Foods was bought by the Shanghui Group, later rebranded as the WH Group, for $4.7 billion. It remains the largest total acquisition of a U.S. company by the Chinese. With that ... WebJul 26, 2024 · By the start of 2024, Chinese owners controlled about 192,000 agricultural acres in the U.S., worth $1.9 billion, including land used for farming, ranching and forestry, according to the Agriculture Department. Deborah J. Comstock, who describes herself as “a girl farmer” — she actually is a farmer — wrote in a 2024 op-ed for the Ionia ... WebDec 1, 2024 · Lawmakers worried that China could gain control over the U.S. food system through land purchases are looking to curb the nation's grip on American farmland, despite no evidence of a recent spike ... gabilly orthopédie