New Market Perspective
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

New Market Perspective

Politics

Republicans to spearhead oversight hearing on growing Chinese threat to US agriculture

by admin March 14, 2024
March 14, 2024
Republicans to spearhead oversight hearing on growing Chinese threat to US agriculture

A top House panel is planning an oversight hearing to examine the threat China poses to the U.S. agriculture industry as part of broader efforts to curb foreign influence in the key strategic sector.

The hearing — titled ‘The Danger China Poses to American Agriculture’ — will be hosted by the House Agriculture Committee on March 20 and will cover a range of issues related to China’s involvement in the domestic agriculture sector. Notably, the hearing will include testimony from South Dakota Gov. Kristi Noem, who has enacted aggressive limitations on foreign ownership of agricultural lands in her state.

‘It’s no secret that China poses significant threats to our way of life, agriculture is no exception,’ Agriculture Committee Chairman Glenn Thompson, R-Pa., said in a written statement to Fox News Digital.

‘We’ve seen China steal our intellectual property, hack our cyber infrastructure, and buy up American farmland,’ Thompson continued. ‘We will look to every available legislative vehicle, including the farm bill, to stop China in its tracks and strengthen our food and national security.’

According to the committee, the hearing will focus on various ways Chinese entities seek to influence the agricultural industry. In addition to China’s growing ownership of productive lands in the U.S., it will examine the intellectual property theft of patented seeds and how cyberattacks harm the industry.

Noem will testify during the hearing’s first panel alongside other officials, including Rep. Mike Gallagher, R-Wis., who chairs the House Select Committee on the Chinese Communist Party. A second expert panel will include testimony from Kip Tom, the former U.S. ambassador to the United Nations Agencies for Food and Agriculture.

Last week, Noem signed legislation prohibiting six foreign governments — China, Cuba, Iran, North Korea, Russia and Venezuela — and associated entities from owning agricultural land in South Dakota. Her office explained at the time that the bill was one of her ‘top priorities.’

‘China is aggressively purchasing land and purchasing property close to our strategic national areas that will house our greatest weapons, and we are going to ensure that, in South Dakota, that never happens,’ Noem remarked at a bill signing event on March 4.

The House Agriculture Committee’s hearing comes shortly after the U.S. Government Accountability Office released a sprawling report earlier this year showing that the Department of Agriculture (USDA) has failed to consistently share timely data on foreign investments in U.S. agricultural land as required under the 1978 Agricultural Foreign Investment Disclosure Act.

The USDA’s most recent data suggests that, as of 2021, foreign investment in U.S. agricultural land grew to approximately 40 million acres. Additionally, Chinese agricultural investment in the U.S. increased tenfold between 2009 and 2016 alone. However, data on Chinese ownership since 2016 has yet to be released.

Additionally, in recent months, certain Chinese projects have received local and federal scrutiny. For example, officials in Grand Forks, North Dakota, rejected a Chinese company’s proposed corn mill over concerns about its proximity to a U.S. Air Force base in February 2023, and locals have pushed back against Chinese green energy firm Gotion High-Tech’s purchase of 270 acres of land in Michigan months later.

The Government Accountability Office conducted its review after Thompson and House Oversight Committee Chairman James Comer, R-Ky., led a letter alongside nearly 130 fellow House Republicans requesting such a probe in October 2022.

‘Growing foreign ownership of U.S. farmland, particularly by China, poses a direct threat to our food security and national security,’ Thompson and Comer said in a joint statement in January.

The USDA did not immediately respond to a request for comment.

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
50 Democrats, 15 Republicans vote ‘no’ on bill aimed at blocking TikTok
next post
Trump, Biden nearly tied as general election kicks off: poll

Related Posts

Funeral held for Shiri Bibas and her sons...

February 26, 2025

Dem senator plows ahead with war powers resolution...

June 25, 2025

Trump admin steps up overhaul of National Security...

May 24, 2025

Actor Will Ferrell ‘threatens’ voters in new Harris...

November 4, 2024

Obama’s WH physician says special counsel report proves...

February 11, 2024

White House says Trump’s tariffs will destroy manufacturing,...

June 17, 2024

US ally Jordan rocked by pro-Hamas, Muslim Brotherhood...

April 4, 2024

Bernie Sanders compares Trump, Musk and other ‘oligarchs’...

April 15, 2025

From cease-fire push to boots on the ground...

October 16, 2024

Biden’s struggle to remember key Cabinet official’s name...

July 4, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • At 90, the Dalai Lama braces for final showdown with Beijing: his reincarnation

      July 4, 2025
    • Russia becomes first nation to recognize Taliban government of Afghanistan since 2021 takeover

      July 4, 2025
    • Two arrested over ‘Chinese blessing scams’ targeting elderly Asian women in Australia

      July 4, 2025
    • Russia launches record number of drones at Ukraine after latest Trump-Putin phone call

      July 4, 2025
    • Elephant kills two female tourists from the UK and New Zealand in Zambian national park

      July 4, 2025
    • What is happening in South Korea? Seoul has caught the lovebug that nobody wants

      July 4, 2025

    Popular

    • 1

      Top 5 Junior Copper Stocks on the TSXV in 2023

      December 22, 2023
    • 2

      Canada Silver Cobalt Begins Drilling at Lowney-Lac Edouard in Quebec, Targeting Nickel-Copper-Cobalt Mineralization

      December 22, 2023
    • 3

      Crypto Market 2023 Year-End Review

      December 22, 2023
    • 4

      10 Top Oil-producing Countries (Updated 2024)

      October 19, 2024
    • 5

      Top 10 Uranium-producing Countries (Updated 2024)

      April 18, 2024
    • 6

      Powered by rain, this seed carrier could help reforest the most remote areas

      December 19, 2023
    • 7

      A troubling theory about traders profiting from Hamas’ attack on Israel drew much attention. Why it may not be so simple.

      December 13, 2023

    Categories

    • Business (1,398)
    • Investing (3,442)
    • Politics (4,517)
    • World (4,416)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: newmarketperspective.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 newmarketperspective.com | All Rights Reserved