China is buying billions in US farmland | Eastern NC Now

China walks in front door

ENCNow

"U.S. lawmakers are acting with increased concern as Chinese purchasers are buying tens of thousands of acres of U.S. farmland.

As of the start of 2020, Chinese investors owned about 192,000 acres of U.S. agricultural land valued at about $1.9 billion, according to Politico. While Chinese land ownership in the U.S. is less than that of other foreign nations, the growth in Chinese land ownership is part of an overall trend in China rapidly buying up other country’s farmland over more than a decade.

In 2018, the U.S. Department of Agriculture (USDA) reported that China’s agricultural investments in other nations had grown more than tenfold what they had."
 
Rest of article on American Military News
 
I guess my big question is why are we allowing any non-Americans to buy up American land like this and why has something not been done before this to stop it?  

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