Overview
- The USDA rolled out the National Farm Security Action Plan on July 8 to bar future farmland sales to Chinese nationals and other designated foreign adversaries.
- Federal regulators are invoking CFIUS authority to identify and reclaim existing agricultural land owned by Chinese entities.
- China’s Foreign Ministry denounced the plan as discriminatory, claiming it violates market economy principles and international trade rules.
- More than 112,000 hectares of US farmland are held by Chinese interests, ranking 20th among foreign owners according to USDA data.
- Major holdings include WH Group’s 2013 purchase of Smithfield Foods, spotlighting longstanding concerns over foreign corporate land stakes.