Monday, August 14, 2023

China Friendly Biden | Chinese ownership of U.S. farmland

China is buying up U.S. farmland

Snippet of Article: "An investigation by the independent, nonprofit newsroom found significant gaps in the USDA database detailing all the land in the annual report. Investigate Midwest found more than 3.1 million acres without an owner listed. Its investigation also found many parcels listed were no longer controlled by the owner in the database. It was unclear if the land was removed from the database after it sold or a lease was terminated. ...According to the USDA, Chinese ownership of U.S. farmland increased from $81 million in 2010 to $1.8 billion in 2020. And reports have shown that Chinese investors are buying farmland near military bases and other critical U.S. infrastructure."

Source: www.thegazette.com

Chinese ownership of U.S. farmland