Search This Blog

De Omnibus Dubitandum - Lux Veritas

Thursday, July 29, 2021

China's latest conquest in America is buying up farmland. Will Washington stop it?

Beijing has bought up 200,000 acres already, and Rep. Dan Newhouse said there is bipartisan support for legislation to slow it down. But Democrats are trying to excise mention of the CCP in the bill's language. 

By Natalia Mittelstadt

China's effort to unseat America as the world's economic superpower has a new tactic: It has bought up more than 200,000 acres of U.S. farmland. And while there is bipartisan support for legislation to slow down Beijing's acquisitions, Democrats have added a new wrinkle.

Rep. Dan Newhouse (R-Wash.), who is leading the legislative charge, says congressional Democrats have removed all references to the communist government of China in an amendment to an agricultural spending bill that originally prevented the Chinese Communist Party's purchase of American farmland.

"[O]ver the last decade, we've seen a huge increase in the acquisition of these kinds of assets — farming in particular — by the People's Republic of China," he said. "And that, to me, is just a direction that, while we can, we should do all we can to stop."

With China purchasing the United States' agricultural assets and becoming more ingrained in the U.S. economy, America might eventually "become dependent on Communist China for our agricultural production," Newhouse warned. "We don't want that to happen. We want to stop that in its tracks."

Only six states have agricultural restrictions on China, Newhouse said, "so this is something that I think is desperately needed in our country to prevent China, Communist China, from taking over our agricultural industry."...........To Read More....


No comments:

Post a Comment