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Smithfield Foods, which has a Chinese parent company, makes up the largest share of Chinese-owned land with 110,000 acres. A 2022 Chinese land purchase brought concerns to a fever pitch when food ...
A bill that would ban any “agent” of China from buying farmland or land near military installations in Georgia passed the state House on Thursday over the objections of Democrats who said it ...
Legal experts compared the measure to century-old alien land laws that barred Asian Americans from owning land; Florida was one of the last states to repeal its law, in 2018. Chinese American ...
Resentment against Asian immigrants in the U.S. grew with their population. Although American businesses had initially recruited Chinese immigrants as a cheap labor source in the emerging railroad and mining industries (and, in the Reconstruction South, to replace slaves on sugar plantations) by the late 19th century, fears of a largescale "Mongolian" plot to take land and resources from white ...
In 2013, foreign buyers made up about 7% ($92.2 billion) of transactions in the $1.2 trillion U.S. real estate market. Canada was the main buyer with 19% of sales (decrease from 23% the year before), China was on the second place with 16% of sales, while on the first place considering total foreign sales by dollar value (24% or $22 billion).
The bill’s most prominent champion, Texas Gov. Greg Abbott, has said his goal is to stop "countries that are hostile to the interest of the United States" from buying up farmland and other land ...
Another concept in imperial Chinese property rights was dianmai (典賣/典卖), more commonly known as huomai (活賣/活卖), or conditional sales of property [1] that allowed the seller (i.e., his family) to buy back the land at the original price (without interest). The assumption was that land, having been held by a family for generations ...
Georgia Gov. Brian Kemp on Tuesday signed a bill into law limiting the ability of some Chinese citizens to buy land in the state. The bill, SB420, echoes measures already signed into law in ...