The People’s Republic of China isn’t exactly a favorite of the American public. Since the Coronavirus outbreak of early 2020, Americans are questioning whether or not all of that cheap plastic junk from Wal-Mart doesn’t come with a hidden cost.
Currently 30 million acres of American farmland is owned by foreign investors or fully 2.2 percent of all American farmland. For context, that’s an area roughly the size of Mississippi or Pennsylvania. These are effectively absentee landlords who own some of the best real estate in the United States.
For its part, China owns 191,000 acres worth $1.9 billion as of 2019. This might not sound like a lot, but Chinese ownership of American farmland has exploded dramatically over the last decade.
Learn how China is influencing and investing in the U.S. and what this could mean for the future of America: China “Pwns” Us: How the Chinese Are Buying Up America at LibertasBella.com.