"Gov. Sanders and AG Griffin Take Action Against Chinese Seed Company's Land Holdings, Imposes Fine"

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Source: KARK
"Gov. Sanders and AG Griffin Take Action Against Chinese Seed Company's Land Holdings, Imposes Fine"
Photo: KARK
TL;DR Summary

Arkansas Governor Sarah Huckabee Sanders and Attorney General Tim Griffin have announced that the state will force the China National Chemical Company to divest its land holdings in Arkansas, making it the first state to take such action against a Chinese company. The move is aimed at preventing the theft of American research and technology, as seeds are considered valuable technology. The company, which owns Northrop King Seed Company, has two years to divest its 160-acre land holdings, valued at $1.12 million. Failure to comply will result in enforcement action and fines.

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