"Michigan Community Takes Stand Against Chinese Takeover of US Agriculture"
Residents of Green Charter Township in Michigan have celebrated a "huge victory" after a Chinese-owned industrial firm, Gotion, backed out of buying local farmland. While Gotion completed the purchase of 260 acres of derelict industrial land and 10 acres of disused farmland, the community refused to accept the takeover. Chinese firms now own over $2 billion worth of US farmland, with the Chinese Communist Party having a stake in 383,935 acres. Concerns have been raised about espionage, security, and the potential impact on the US food and energy supply. The fight against Chinese land ownership is gaining momentum, with lawmakers introducing bills to restrict foreign ownership and states considering measures to limit foreign control of US farmland.