China owns 300,000 acres of land in the U.S. Here’s where

China owns 300,000 acres of land in the U.S., raising concerns about control over resources and possible security risks.

By the numbers: Chinese firms and investors own around 383,934 acres in the U.S., far less than countries like Canada, Netherlands, Italy, the U.K., and Germany.
* The majority of Chinese-owned land is held by Smithfield Foods and billionaire Sun Guangxin with more than 80% of the total acreage.

Ownership and control: While foreign governments do not directly own land in the U.S., Chinese companies and individuals are subject to Chinese government laws that allow access to information.
* This increases concerns over potential Chinese Communist Party influence on U.S. assets and infrastructure.

In context: China’s ownership of U.S. land accounts for a small fraction of all foreign-owned land in the country, but its rising geopolitical influence and strategic goals have raised concerns about the nation’s landholdings in the U.S.

Searching for a balanced solution: Lawmakers and experts are working to address issues related to Chinese land ownership without inducing anti-Asian sentiment.
* Introduced legislation targets individuals and companies controlled by the Chinese Communist Party, while the Biden administration is tightening rules surrounding land purchase near military bases.

View original article on NPR

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