Tuesday, September 6, 2022

China's Increasing US Real Estate Portfolio

 From Sara Carter:

Concern is growing over Chinese interests purchasing large swaths of land, particularly farmland, in the United States – including one sensitive parcel in North Dakota in the proximity of a military installation.

Investigative reporter Sara Carter told Fox News on Monday that the USDA estimated the CCP government owned about 192,000 acres of U.S. land in 2019, which she added has been augmented since March 2021 with a collective $6.1 billion in land.

"Most of the land is very close to sensitive US military installations," she told Fox News. "For example, in 2021, 130,000 acres of land was purchased right here in Del Rio, Texas, along the US-Mexico border by a former Chinese military official. That land is very close to Laughlin Air Base. It actually surrounds that sensitive airbase." (Read more.)
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