China Buying American Land at Buying

China Buying American Land. See the 51 largest deals since 1996. Chinese firms have expanded their presence in american agriculture over the last decade by snapping up farmland and purchasing major agribusinesses, like pork processing giant smithfield foods.

There's mounting pressure on lawmakers to crack down on chinese investors buying american farmland. ‘in their quest for global domination, china has been buying up land and strategic infrastructure all over the world and in the united states,’ roy said in a statement. Agricultural land valued at about $1.9 billion, according to politico.

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Is less than that of other foreign nations, the growth. Chinese firms have expanded their presence in american agriculture over the last decade by snapping up farmland and purchasing major agribusinesses, like pork processing giant smithfield foods. “by the start of 2020, 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 […] Lawmakers are acting with increased concern as chinese purchasers are buying tens of thousands of acres of u.s.