A new government report reveals that the total amount of American soil owned by Chinese investors is nearly twice as large as the entirety of New York City.
As the New York Post reports, the U.S. Department of Agriculture (USDA) revealed in last month’s report on foreign-held land that Chinese buyers currently own at least 384,235 of American land. By contrast, the full expanse of New York City covers just 193,700 acres. Even Bill Gates’ total land ownership is dwarfed by China’s, with just 270,000 acres.
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