The Fox Business Lights on the ‘Ashley Webster Webster Highlights that is at an all -time high and breaks a new bill to buy American land on’ Warrani & Company ‘on China.
MPs are targeting in China with the recently introduced laws that will bring more surveillance to the foreign ownership of the American farm.
A group of bilateral MPs introduced the Agricultural Foreign Investment Deformation Act (AFIDA) this month. This step was First reported By Fox News Digital.
Legislation In January 2024, the government wants to implement the recommendations published by the Office, which found that Afida was ill to deal with the foreign ownership of American agricultural land.
Some other measures require AFIDA reporting for foreign individuals with more than 1% interest in US Farmland, to share information between Foreign Investment Committee and Agriculture Department in the United States to share information and update AFIDA handbook, according to Fox News Digital.
This “will not tell China,” No, “Originally,” Fox Business’ Ashley Webster said on Monday “Varni and Cum,
(Through Attila Kisbendek/AFP Getty Image)
More than 27,000 acres of agricultural land was owned by Chinese investors by the end of 2023, “across the country” with land located in states, “across the country,” As A USDA report.
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Overall, the US Foreign Foreign Investor Holdings said that about 45 million acres of land at the end of that year.
According to the webster, US Farmland owned by foreign institutions has seen a jump between 2014 and 2023.
State has been taking action on this issue in recent years, as well as webster has already “focus on any kind of law that restrictions or limit the purchase of AG land by foreign institutions and governments.”
A farmer spreads pesticides in a field in Centerville, MD. (Jim Watson/AFP through Getty Image/File)
Half of us said that till April this year “Forteland’s foreign ownership is to be stopped,” the webster said.
America had 1.3 billion acres of land Private land According to the USDA, at the end of 2023.
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The Chinese unit ownership of American Farmland has been a hot-button issue in recent years, especially between conflict and competition China And America grows.
Dierdre Heave of Fox News Digital contributed to this report.
