Farmland is seen in Lancaster County, Pennsylvania, on November 8, 2022. (Photo by Branden EASTWOOD / AFP) (Photo by BRANDEN EASTWOOD/AFP via Getty Images) ( NewsNation ) — Chinese investors own just a fraction of all foreign-owned American agricultural land, but their holdings have significantly increased in recent years, jumping fivefold over the past decade.
As of 2021, Chinese entities and individuals owned about 384,000 acres of U.S. agricultural land, less than 1% of all U.S. agricultural land held by foreign persons, according to the latest data from the U.S. Department of Agriculture (USDA).
About half of that acreage is owned by 85 Chinese investors, which may be an individual, company or the government. The other half is held by 62 American corporations with Chinese shareholders.
Most Chinese holdings — over 70% of the total acreage — are concentrated in the American South.Of the more than 100 countries listed by the USDA, […]
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