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"One acre of American farmland owned by the Chinese Communist Party is one acre too many," said Britt. "The CCP's strategic acquisition of farmland, particularly near our military installations ...
During hearings on foreign-owned agricultural land in Topeka, Kansas, state Rep. Rui Xi, a Democrat and the only Chinese American in the state House, in September warned about rhetoric casting ...
The deal was valued at approximately $7.1 billion, which included debt. It was the largest stock acquisition by a Chinese company of an American company. [11] [35] [38] The deal included Smithfield's 146,000 acres of land, which made WH Group one of the largest overseas owners of American farmland. [12] [b]
As of the end of 2021, Chinese investors owned 383,935 acres of American soil, according to a report on foreign-held land from the U.S. Department of Agriculture (USDA).
Northrup King Seed Co., a subsidiary of Syngenta owned by Chinese Communist Party (CCP)-controlled ChemChina, was directed to divest of 160 acres of Craighead County farmland within two years.
The Farmland brand and its slogan "Good Food From the Heartland" are now owned by the Chinese-owned, Smithfield Foods, the largest pork producer and processor in the world, but Farmland Foods, Inc. operates independently and continues to market meat products under the "Farmland" brand. Farmland Foods serves both domestic and international ...
Arkansas ordered Syngenta to sell 160 acres (65 hectares) of farmland in the U.S. state within two years on Tuesday because the company is Chinese-owned, drawing a sharp rebuke from the global ...
Historically, farmland has been owned by small property owners, but as of 2017 institutional investors, including foreign corporations, had been purchasing farmland. [72] In 2013 the largest producer of pork, Smithfield Foods , was bought by a company from China.