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.
“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.”