• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy Republicans to spearhead oversight hearing on growing Chinese threat to US agriculture
Economy

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

by March 14, 2024
by March 14, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

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
You Might Also Like
  • SafeMoon and Litecoin: SafeMoon is holding above the EMA 200
  • Trump drops major hint on his running mate, and timing of announcement
  • Pete Buttigieg’s husband asks Bud Light boycotters if they plan to protest water after trans controversy
  • Johnson unveils plan to fund Israel, Ukraine in closed-door House GOP meeting
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Trump, Biden nearly tied as general election kicks off: poll
next post
White House preparing in case Congress makes UNRWA funding pause permanent

You may also like

Major Democrat donor tied to Biden indicted for allegedly embezzling...

February 2, 2023

House Republican says he opposes all temporary government funding bills...

August 22, 2023

McCaul demands UNRWA chief testify before Congress over alleged ties...

March 2, 2024

Maryland Gov. Wes Moore announces more Cabinet appointments

January 18, 2023

Blinken meets with Turkey’s Erdogan as Middle East tensions escalate

January 7, 2024

Former Hamas leader Khaled Meshaal urges Muslims, globally, to protest...

October 12, 2023

Rand Paul announces ‘official criminal referral,’ says email shows Fauci...

July 31, 2023

El Salvador president blasts ‘democracy’ in US after Trump’s removal...

December 21, 2023

How the Democratic Party’s war on populism led to its...

July 12, 2024

How Trump cracked the code to penetrate the blue wall

June 12, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Recent Posts

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025
    • Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

      May 30, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,432 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,308 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,581)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,581)

    Disclaimer: RoundTableThoughts.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 © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    EUR/USD and EUR/GBP Analysis: A Sharp...

    November 4, 2024

    Trump team responds to allegations of...

    May 21, 2023

    CA Sen. Feinstein arrives at Capitol...

    May 11, 2023
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here