US Senate Advances Bills to Block Foreign Ownership of Farmland and Property Development.

TL;DR Summary
North Carolina lawmakers have unanimously approved a bill that would prevent hostile foreign countries, including China, from buying farmland or any land within 25 miles of a military base. The bill now heads to the state Senate, making North Carolina one of the latest states to pass such restrictive measures. The recent scrutiny of foreign ownership of farmland in states like North Carolina is putting a spotlight on Smithfield Foods, the world’s largest pork producer, which was acquired 10 years ago by a Hong Kong-based company now known as WH Group.
- NC lawmakers vote to block China, hostile foreign countries from purchasing US farmland Fox Business
- San Antonio Asian community weighs in after Texas Senate passes bill limiting farmland sales to four countries KSAT San Antonio
- Senate passes bill banning local property development by foreign adversaries Grand Forks Herald
- Revised bill blocking 'hostile' nations from buying Texas lands advances in Senate Caller Times
- Senate bill to ban enemy ownership of Texas land advances with new safeguards FOX 26 Houston
- View Full Coverage on Google News
Reading Insights
Total Reads
0
Unique Readers
0
Time Saved
3 min
vs 4 min read
Condensed
88%
730 → 91 words
Want the full story? Read the original article
Read on Fox Business