Farmlands in the US have become a battleground in the fight against China, as more than two dozen states have passed or considered legislation restricting Chinese purchases of U.S. farmland.
Chinese investors own about .03 percent of America’s farmland, according to federal data. But their land purchasing is becoming a major issue as politicians at the state and federal level ramp up their fight against perceived threats from China.
In the past couple of months, lawmakers in more than two dozen states have passed or considered legislation restricting Chinese purchases of U.S. farmland.
And former President Trump has promised that if he retakes the White House, he will ban Chinese investors from buying U.S. farmland and other critical infrastructure, and force sales of their current holdings.
“China has been spending trillions of dollars to take over the crown jewels of the United States’s economy,” Trump said in a campaign video in January.
Subscribe to GreatGameIndia
“To protect our country, we need to enact aggressive new restrictions on Chinese ownership of any vital infrastructure in the United States, including energy, technology, telecommunications, farmland, natural resources, medical supplies and other strategic national assets.”
Florida Gov. Ron DeSantis (R) signed multiple bills this month that prohibit Chinese citizens from purchasing land in the state. Last month, the North Carolina House passed a bill that would ban the governments of “foreign adversaries” from purchasing agricultural land as well as any land within 25 miles of a military installation. And the Texas Senate passed a bill last month that would ban citizens of China from buying property, with certain exceptions.
Lawmakers on the federal level are also pushing legislation to block China from buying farmland. A bipartisan group of senators have introduced a bill, known as the PASS act, that would prohibit nationals of China, Russia, Iran and North Korea from buying U.S. agricultural land or investing in American agricultural businesses.
Other legislation focuses specifically on the Chinese government. The House easily passed an amendment to the Republican’s energy bill in late March prohibiting the Chinese Communist Party from purchasing U.S. farmland or land used for renewable energy. The broader bill was dead on arrival in the Democrat-controlled Senate.
Indian PM Narendra Modi, while addressing G7 leaders in Hiroshima on Sunday, revealed his intention to reform the United Nations (UN).