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The amount of farmland owned by Chinese investors has remained relatively steady in recent years, according to the AFIDA data. The last significant increase in acres occurred between 2012 and 2013 after the privately owned Chinese company Shanghui, now known as the WH Group, purchased U.S. pork giant Smithfield Foods.
The IRONY is that if an individual Chinese "owns" private property in the USA, he can expatriate and become a sovereign, thus destroying the power of the Communist Party over him and his property.
IN case you didn't know, the government is the servant of the sovereign people. That's why the government cannot arbitrarily dictate who can buy land from an American.
China will eventually take over Russia for Russia's land, oil, and minerals. China can do that anytime it wishes, especially when Russia runs out of soldiers and weapons. Russia has proven itself to be a weak adversary. NATO will destroy Russia if attacked.
Put a ban on corporations buying residential real estate also. If we don't impose rules preventing foreigners and corporations from buying up land, this country will collapse in time. Nobody who lives here will be able to afford to buy a house. Just saying. Despite the fact home prices are now ridiculous, investors are buying more of them than ever. Where are they getting the money from? Could it be QE infinity and forever zero interest rate policies?
I don't like it, but my Hershey bar wrapper shows "Made in Mexico." Tastes the same as "Made in USA," but far more profitable for Hershey stockholders!
Check out al the bread and bakery ready made products that are owned by Bimbo that fill up the aisle at the grocery store.
A President can sign one piece of paper and take it all back.
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