Chinese Citizens Banned From Buying What?

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( – State lawmakers are actively drafting legislation aimed at prohibiting Chinese nationals and corporations from acquiring property in the United States, citing national security concerns, as reported by Politico. The initiative has gained traction, with over two-thirds of the states either having passed or currently considering measures to restrict or outright ban property ownership by individuals or entities from nations that are at odds with U.S. interests.

Governor Kristi Noem of South Dakota recently enacted a law that bars China and other nations from purchasing agricultural land within her state. During a hearing with the state House Committee on Agriculture last month, she referred to China as “an enemy,” expressing concerns over the acquisition of American food supply chains by foreign powers. Governor Noem, a Republican, emphasized the potential national security threat posed by the United States becoming dependent on another country for its food supply.

Representative Mike Gallagher, a Republican from Wisconsin and the chair of the House Select Committee on China, pointed out the strategic moves by the Chinese Communist Party to acquire U.S. agricultural land and their attempts to sway state and local politics. Gallagher highlighted the frontline role states play in what he described as a new cold war with the Chinese Communist Party.

Criticism has also been directed towards the Treasury Department’s Committee on Foreign Investment in the United States (CFIUS), with some Republican lawmakers arguing that it lacks the necessary oversight capabilities to block transactions that could endanger national security. Texas State Senator Tan Parker, a Republican, described the CFIUS process as overly permissive and indicative of broader inefficiencies within the federal government.

Arkansas’s Republican Attorney General, Tim Griffin, echoed these sentiments, pointing out that despite longstanding warnings from U.S. intelligence about the risks posed by foreign adversaries, particularly China, through real estate and technology acquisitions, the federal response has been inadequate.

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