"Growing Concerns: China's Quiet Takeover of US Food Security Raises Alarm in Congress"

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Source: Fox Business
"Growing Concerns: China's Quiet Takeover of US Food Security Raises Alarm in Congress"
Photo: Fox Business
TL;DR Summary

The president of the National Black Farmers Association, John Boyd Jr., has warned that China is quietly taking over American farmland and food security. Chinese-owned companies have been purchasing large amounts of rural farmland in states like Oklahoma, Minnesota, North Carolina, and Virginia, with China estimated to control 383,000 acres of U.S. farmland. Chinese companies are outbidding American farmers for land, making it increasingly difficult for American farmers to compete. Boyd Jr. criticized the Biden administration for not taking action to stop farm foreclosures and called on lawmakers to pass legislation to prevent China from buying American farmland and companies. A bill has been introduced to block foreign adversaries from buying U.S. farmland, but it has not yet passed.

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