The Fox Business ‘Ashley Webster emphasizes that the stock is at an all-time high and breaks a new bill to crack China to US’ Varney & Co. ‘
Lawmakers seek true in China who have recently introduced the law to bring further management of foreign ownership of the US Farmland.
A group of bipartisan lawmakers introduces agricultural investments in foreign investment (afida) this month. The step is First reported by Fox News Digital.
The legislation Assistance to implement recommendations published by government accountability in January 2024, found afida with an ownership of American agricultural land.
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The other steps of this suggested that require afida for foreigners who hold more than 1% US handbook and update US handbook and update handbook to each other
It “tell China ‘no,’ mainly,” Fox Business’ Ashley Webster said Monday in “VARNEY & CO. ”
(Atthila Kisbenek / AFP Vitty images)
Over 277,000 hectares of agriculture owned by Chinese investors until the end of 2023, with that land located in states “across the country,” according to a USDA report.
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Overall, foreign investing in US Farmland is worth around 45 million acres at the end of that year, it said.
US Farmland owned by foreign entities sees a jump between 2014 and 2023, according to Webster.
States operate on a new issue in recent years, that Webster found many “has some kind of legislation forbidden or limiting the purchase of foreign entities and governments.”
A farmer spreads the pesticide in a field of Centerville, MD. (Jim Watson / AFP by Getty / File images)
Half the United States of the US Foreign Foreign of Farmland “in April this year,” Webster reported.
US has 1.3 billion acres of private agricultural land At the end of 2023, according to USDA.
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Ownership of Chinese American Farmland is an issue of hot buttons in recent years, especially as conflict and competition between China And the US grows.
Fox News Digital Shewey contributes to this report.
