Saturday, July 13, 2024

China’s attempts to purchase U.S. agricultural land

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GAINESVILLE, Ga. — China has been making attempts to purchase American agricultural land. The country has been buying American farming land since 2010. According to the New York Post, a government report stated that China owns land in the United States that can amount to twice the size of New York City. Last month, the USDA filed a report on foreign-held land. It said that the Chinese own 384,235 acres of farmland. Stakeholders from China own 0.9 percent of foreign-owned farmland in the United States.

The latest Chinese company to purchase land on American soil was Fufeng. . .

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