Posted 1/12/2024, 9:00:00 PM
Tester Renews Calls to Ban Chinese Farmland Purchases After Major Chinese Landowner in Oregon Revealed
- Montana Senator Jon Tester renewed calls for banning Chinese purchases of US farmland following report of major Chinese landowner
- Chinese billionaire Chen Tianqiao identified as 2nd biggest foreign owner of US land with 198,000 acres in Oregon
- Tester issued letter to USDA and Treasury Secretaries asking them to review Chen's purchase and strengthen tracking of foreign land sales
- Tester previously co-sponsored bill to ban land/agribusiness purchases by entities from China, Russia, North Korea, and Iran
- Foreign entities own 40 million acres of US farmland; Chinese owners have 0.03% of all US farmland