House Republicans sound alarm over Chinese investment in U.S. farmland
Call on GAO to probe national security threat
Farmland is seen with solar panels from Cypress Creek Renewables, Oct. 28, 2021, in Thurmont, Md. The Commerce Department says it is investigating whether imports of solar panels from Southeast Asia are circumventing anti-dumping rules that block imports from China. ... more >
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By Joseph Clark - The Washington Times - Monday, October 3, 2022
House Republicans are calling for a federal investigation into foreign investment in U.S. farmland as concern grows over Chinese acquisitions that lawmakers say pose a threat to national security.
In a letter to the Government Accountability Office comptroller general Gene Dodaro on Monday, 128 lawmakers led by the top Republicans on the House Oversight and Agriculture committees, Rep. James Comer of Kentucky and Glenn Thompson of Pennsylvania, respectively, said current efforts to track foreign investment are unreliable and could leave the U.S. vulnerable.
“China’s ownership of U.S. farmland is a threat to our food security and national security.” Mr. Comer said in a statement. “We are calling on the Government Accountability Office to report on the scope of this threat to our food supply to inform Congress how we can best protect the security of the American people.”
Foreign investments in U.S. land have nearly doubled over the past decade, according to U.S. Department of Agriculture figures.
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READ MORE: https://www.washingtontimes.com/news/2022/oct/3/house-republicans-sound-alarm-over-chinese-investm/
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