Why is China buying up land in America? | Banfield

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China’s agricultural footprint in America just got a lot bigger this month, when Fufeng Group — a corn-milling company — purchased 300 acres of land in the Midwest farmlands of Grand Forks, North Dakota, reports say.

Former Grand Forks City Council member Katie Dachtler and Former VP of Grand Forks City Council Jeannie Mock weigh in on NewsNation's "Banfield."

#china #land #northdakota

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The question
Why are Americans selling to them???

ronhood
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This needs to get halted asap. Absolutely not. No foreign entity should be allowed to do this.

divinelove
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How does this make any sense 🤔 you sell to your enemies??

michaelgreene
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China "owns" the least amount of agricultural land. Canada owns the most. I don't think foreign investors should be able to buy land in the US.

LudwigVanSkorm
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You could ask the same question about "Why did Uncle Joe B. allow China to begin investing in usa power grid/ energy sector?"

stevewoo
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I’m 31 born and raised in so cal. Saved up $16.6k but I might as well have robbed a bank. Couldn’t buy anything with it in regards to a home, I can’t even rent. There’s a requirement that you should make 3x rent per month. I made $300 a week if that. This is a reality for a lot of us here.

alwaysyouramanda
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In BC we had to ban foreign investment..

pamelaliegh
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Easiest way to conquer a Country is to destroy them from within. #FJB

ACO-Amy
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sounds like they need an eviction notice

hanksturgill
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I say raid the land and take it from them.

MorningStarChrist
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Eh, I don’t want China buying farmland in America but they don’t have much at the moment. All foreign ownership of US farmland totals about 4%.

Mr_Fairdale
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This is happening everywhere! Wake up!!!

hazztv
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Not just land, but housing and that forces the price of real estate to go up and prevents Americans from being able to compete in the hosing market and it STINKS that the USA allows this to happen.

JennyWren
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Wait… I wanted to hear how the deal was done! Who sold it to them? A defense contractor????

Deelitee
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This is being looked into now. It's not only this one.

Howrider
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No foreign countries to purchase in the United States. It should be against the law.

heidilanier
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Uh she was still talking. You just couldn't wait for the end of video spam message?

Thunder_Dome
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No one🔥should be buying land unless you are an American citizen!!!🇺🇸 *All* land purchases, from other nations, *should "NOT" be honored!! 🇺🇸*

carrieandretti
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She is taking the vp’s lead, dishing up that word salad

fishmonger
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Who actually bought the land? The headline “China buys” makes it sound like the country of China is buying land… but I think it’s actually a person. If an individual bought the land, they probably have personal reasons, unrelated to your political theories and media hype

thesincitymama