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Democrats Letting China Take Over

by Market FinancePosted onApril 19, 2023April 19, 2023

This must be stopped immediately!

Is President Biden even taking these issues into consideration? Likely not.

The U.S. agriculture industry is facing a growing concern about the impact of China’s influence, especially following an incident earlier this year involving a Chinese spy plane that flew over the country.

During an appearance on Fox’s “Mornings with Maria” on Wednesday, China expert and senior fellow at the Gatestone Institute, Gordon Chang, expressed concern over Chinese investment in the U.S. agriculture sector. Chang stated that China had previously sent unsolicited invasive species seeds to the U.S., and if they were to acquire more agricultural assets, they could potentially plant those seeds, posing a threat to American food production.

In February, a surveillance aircraft flew over the U.S. for several days, reigniting concerns among experts and lawmakers about China’s continued attempts to acquire land across the country. Some have noted a potential pattern of suspected espionage activities near American military sites.

In April, it was reported that 11 U.S. states have considered prohibiting Chinese investments in American farmland, and four states, including Arkansas, Idaho, Utah, and Virginia, have already implemented restrictions. Additionally, lawmakers in North Dakota and Montana have passed bans aimed at safeguarding national security.

North Carolina is also considering joining the list, as the world’s largest pork producer, with operations across the state known as Hog Country, has come under new scrutiny for its connections to a Chinese company.

Smithfield Foods, which is based in Smithfield, Virginia, was purchased by WH Group, a Chinese meat and food processing company, a decade ago.

Sources have disclosed that there are various apprehensions regarding national security in relation to the acquisition, particularly given the escalating tensions between China and the U.S. The deal was funded by the Bank of China, which is a government-supported bank of the Chinese Communist Party. Furthermore, China’s national intelligence laws, which mandate all Chinese entities and citizens to collaborate with the country’s authorities, have also raised concerns.

According to FOX Business’ Lydia Hu, several national security experts, including the former adviser to Secretary of State Mike Pompeo, are worried that the acquisition has left Smithfield “vulnerable.”

Smithfield Foods, the pork and meat producer in question, has denied any suggestion that the Chinese Communist Party has any influence over their company.

To prevent China from buying more U.S. farmland, Biden and Democrats could implement stricter regulations and oversight on foreign land ownership and investment, particularly when it comes to agricultural land. They could also incentivize domestic ownership and work towards increasing domestic production to reduce reliance on foreign investment. Additionally, they could work on improving diplomatic relations with China and negotiate fair trade deals that prioritize national security concerns.

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Published by Market Finance

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