Lawmakers seek crackdown on China-owned U.S. farmland

CBS News Top ·

Lawmakers seek crackdown on China-owned U.S. farmland

President Trump's face-to-face meeting this week with Chinese President Xi Jinping comes as members of Congress are calling for a crackdown on China's ability to acquire U.S. …

President Trump's face-to-face meeting this week with Chinese President Xi Jinping comes as members of Congress are calling for a crackdown on China's ability to acquire U.S. farmland, citing national security concerns. Mr. Trump arrived in Beijing on Wednesday for a highly anticipated summit with Xi, which is expected to focus on trade, energy, Taiwan and the war with Iran. Ahead of his visit, a bipartisan group of lawmakers introduced new legislation that aims to close what they described as "dangerous loopholes" allowing foreign adversaries like China to purchase American farmland and real estate near U.S. military bases. "Food security is national security, and we cannot allow foreign adversaries like China to buy up American farmland near our most sensitive military and critical infrastructure sites," Rep. John Moolenaar, a Michigan Republican who heads the Select Committee on China and led the bill's introduction, said in a statement. The bill has backing from members of both parties, with Democrats such as New Jersey Rep. Josh Gottheimer and California Reps. Julia Brownley, Jimmy Panetta and Mike Thompson signing on. A Trump administration official told CBS News that tracking foreign land ownership continues to be a priority, including reviewing how states compile data on the matter. …

Original source: CBS News Top

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