Tag: Agricultural Foreign Investment Disclosure Act

U.S. Fails to Counter Threat of Chinese Land Ownership, Report Finds

Michigan Star Staff
Tractor towing hay on a farm

The United States government is not appropriately addressing the threat posed by growing Chinese ownership of American land, according to a report released by the Heritage Foundation Thursday.

The federal government is woefully ill-equipped to track Chinese-owned real estate in the country, despite the serious threat these Chinese Communist Party-affiliated entities can pose to critical U.S. infrastructure, according to the report. The report calls on federal and state leaders to take action, such as increasing transparency and conducting more critical reviews of land purchases.

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House Republicans Request Government Watchdog Investigate Foreign Investments in American Farmland

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More than 100 House Republicans are asking a government watchdog to probe foreign investments in U.S. farmland, including those by China, which they say may present national and food security concerns.

Led by Reps. Glenn Thompson of Pennsylvania and James Comer of Kentucky, the lawmakers on Saturday called on the Government Accountability Office (GAO) to study foreign farmland ownership and how the U.S. government is monitoring acquisitions, a letter shows. There has been an uptick in foreign investments and ownership, which may be “underreported” due to the U.S. Agriculture Department’s (USDA) unreliable data, the Republicans say.

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