Tag: Smithfield Foods

Commentary: China’s Land Purchases in U.S. Spark Outcry for Federal Solution

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Smithfield Foods factory farm

Over the past two years, nearly half the states in America acted to scrutinize purchases of land linked to China and other foreign adversaries. Concerns focus primarily on national security threats from China, and they’re well-founded.

The federal government has no idea how much real estate Chinese entities own in the United States. The U.S. Department of Agriculture legally is required to track foreign ownership of agricultural land, but underestimates Chinese ownership by at least 50 percent.

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U.S. Fails to Counter Threat of Chinese Land Ownership, Report Finds

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Tractor towing hay on a farm

The United States government is not appropriately addressing the threat posed by growing Chinese ownership of American land, according to a report released by the Heritage Foundation Thursday.

The federal government is woefully ill-equipped to track Chinese-owned real estate in the country, despite the serious threat these Chinese Communist Party-affiliated entities can pose to critical U.S. infrastructure, according to the report. The report calls on federal and state leaders to take action, such as increasing transparency and conducting more critical reviews of land purchases.

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Leadership of Major U.S. Landowner Chock-Full of Chinese Communist Party Members

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American Farmland

Top executives at Hong Kong-based WH Group Limited, the world’s largest pork producer that controls vast swaths of U.S. farmland through its American subsidiary, are Chinese Communist Party (CCP) members, according to a Daily Caller News Foundation review of corporate records and state-run media reports.

Records and reports reviewed by the DCNF identify four top executives and the chairman of the pork giant as CCP members with extensive ties to the Chinese government. WH Group controls nearly 150,000 acres of land across 29 U.S. states through its subsidiary Smithfield Foods, a family-run business established in 1936, which it purchased for $7.1 billion in 2013. While a keyword search on Smithfield’s website returned only two articles mentioning the firm’s relationship with WH Group, neither of the two articles mentioned China. An online map of Smithfield’s global business activities does not list any operations in, or connection to, Asia, despite archived reports from their website suggesting otherwise.

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