(RAIR FOUNDATION) – President Joe Biden told the media earlier in 2021 after a phone call with Chinese President Xi Jinping that China was “going to eat our lunch.” Heads up, they already are – literally eating our lunch as they buy up American farmland and invest in thousands of American companies.
“The current trend in the U.S. is leading us toward the creation of a Chinese-owned agricultural land monopoly,” Representative Dan Newhouse (R-WA) warned in a recent House Appropriations hearing.
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According to American Military News, Newhouse raised his concerns about Chinese land ownership as he proposed an amendment in a new agricultural appropriations bill, H.R. 4356. The amendment would block any new agricultural purchases by companies wholly or partly controlled by the Chinese government. Furthermore, it would ban existing Chinese-owned farms in the U.S. from drawing from federal agricultural support programs.