WebFeb 4, 2024 · We also need to be concerned about foreign investments, particularly China. At the turn of this century, Chinese owners owned about 192,000 acres of farmland in the U.S., according to the USDA. By 2024, the USDA says foreign ownership of U.S. acres exceeded 35.2 million acres, a 60 percent increase from the decade prior. WebFeb 9, 2024 · China Owns U.S. Land About Twice the Size of New York City. Chinese investors own land in the U.S. equivalent to roughly twice the size of the footprint of New York City, amid concerns that China ...
America’s Biggest Owner Of Farmland Is Now Bill Gates - Forbes
WebFeb 7, 2024 · 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 … WebJun 25, 2024 · In 2013, the Chinese firm Shuanghui acquired more than 146,000 acres of farmland across the United States, worth more than $500 million, according to U.S. Department of Agriculture data. The deal made Shuanghui, now the WH Group Limited, into one of the biggest foreign owners of U.S. agricultural land, according to an analysis of … heart of men
Here’s How Much US Farmland Has Been Bought Up By China
WebJul 31, 2024 · While comparatively small, Chinese land acquisitions in the United States are part of a global initiative that has included the purchase of U.S.-based Smithfield Foods, which Shuanghui ... WebJul 20, 2024 · Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. 4356, that would block any new agricultural … WebMay 26, 2024 · May 26, 2024. Press Release. WASHINGTON, D.C. – Today, Rep. Dan Newhouse (R-WA) released the following statement in advance of introducing the Prohibition of Agricultural Land for the People’s Republic of China Act. This legislation would prohibit the purchase of public or private agricultural land in the United States by … heart of memphis invitational