Chinese billionaire's large Oregon timberland purchase raises national security concerns
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Chinese billionaire Chen Tianqiao purchased $85 million of Oregon timberland in 2015, totaling 198,000 acres. His ownership was unknown for 8 years.
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Chen is an alleged member of the Chinese Communist Party with ties to CCP-affiliated organizations. He admires Chairman Mao.
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Chen's land purchase is almost double the next largest Chinese ownership of American farmland, raising national security concerns.
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His ownership does not appear in government records tracking foreign investments in U.S. agriculture, sparking calls to strengthen oversight.
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Lawmakers accuse the Biden administration of inadequate monitoring of Chinese agricultural investments, warning the scale could be much bigger than known.