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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.
It would direct the president to take action to prohibit the purchase of public or private real estate in the U.S. by Chinese citizens or companies. China owned around 350,000 acres of farmland ...
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 ...
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 ...
Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. [9] [10] It was the largest Chinese acquisition of an American company to date. [11] The acquisition of Smithfield's 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland. [b]
The most recent Agriculture Department report, released with data through the end of 2021, found Canadian investors owned the most at the time, at 31%, or 12.8 million acres, while China held ...
Shanda Group went private in early 2012, with Chen, his wife, and his brother keeping a combined 57% stake. [3] In 2015, Chen, as the beneficial owner of Shanda Asset Management, acquired over 80,127 hectares of land in Oregon from Fidelity National Financial for US$85 million, making him one of the largest foreign owners of land in the United ...
The number of U.S. farm acres owned by foreign entities grew more than 8% in 2022, though the 43.4 million acres of foreign-owned forest and farm land is just 3.4% of the country's agricultural ...