Government Politics World

South Dakota Gov. Noem Calls for Crackdown on Chinese Farmland Purchases

South Dakota Gov. Kristi Noem on Tuesday announced new legislation to crack down on foreign purchases of agricultural land in her state. The bill comes as the governor has aggressively moved to counter China, which she has called, “the greatest threat to the U.S.”

Noem’s proposed legislation would create a new board, called the Committee on Foreign Investment in the United States – South Dakota (CFIUS-SD), which will review proposed purchases of farmland by foreign investors. After an investigation, the committee will make a recommendation to the governor on whether the purchase should be approved or denied.

“With this new process, we will be able to prevent nations who hate us – like Communist China – from buying up our state’s agriculture land,” Noem said in a statement. “We cannot allow the Chinese Communist Party to continue to buy up our nation’s food supply, so South Dakota will lead the charge on this vital national security issue.” Read more…

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