The share of United States farmland owned by Chinese people and companies is small and has not been growing substantially. Chinese owners held about 350,000 acres at the end of 2020, according to a U.S. Department of Agriculture report, and most of the farmland came from the Chinese acquisition of Smithfield Foods in 2013. Canadian owners, by contrast, held 12.4 million acres. The figures do not include residential or commercial buildings, though that has largely not been the focus of most legislative efforts. Chinese investors are among the top foreign…
How U.S.-China Tensions Could Affect Who Buys the House Next Door
