Lawmakers Seek Crackdown on China Owned US Farmland As President Trump prepares to meet with Chinese President Xi Jinping in Beijing, a bipartisan group of lawmakers is pushing for legislation aimed at limiting China's ability to acquire US farmland.
The proposed bill seeks to close "loopholes" that allow foreign adversaries like China to purchase land near military bases.
More than 40 million acres – roughly 2% of the nation's total agricultural land – are owned by foreign entities, with Chinese investments accounting for less than 1%.