China has been quietly buying up land and businesses all over the United States. For years, this was largely unnoticed, but now some people are finally starting to realize that something really strange has been going on. Often, the Chinese will pay far more than market value for a strategic piece of infrastructure. Why would they do this? In New Hampshire, a Chinese beverage company recently purchased an industrial site that is located next to a key drinking water facility for four times the assessed value of the property.
A Chinese beverage company has paid four times the assessed value for an industrial site with access to New Hampshire region’s drinking water. A Chinese company has also purchased an abandoned college in the area. Chinese have also acquired another large piece of property that is just a few miles away. Locals are puzzled and concerned by the shadowy transactions.
This isn’t just happening in New Hampshire. The truth is that the Chinese have been gobbling up property all over America. Chinese buyers purchased “$13.7 billion worth of existing homes” in the United States during a recent 12-month period.
The report highlights that Chinese buyers represented the largest portion of foreign investors in terms of total spending and transaction volume, purchasing $13.7 billion worth of existing homes – an 83% increase from the prior year.
That is a significant uptick from the $7.5 billion worth of purchases in the prior year, according to NAR. These buyers also have the highest average purchase price at $1.2 million, with the majority of purchases being concentrated in states with hefty price tags. For instance, about 36% of Chinese buyers purchased a property in California, while 9% purchased property in New York, according to the report.
The Chinese have also been feverishly buying up farmland and businesses. Today, the Chinese own more farmland in Texas than in any other U.S. state.
The Trump administration is finally tackling one of the most underreported national security threats in America today: foreign bad actors buying up US land.
USDA Secretary Brooke Rollins, Defense Secretary Pete Hegseth, Pam Bondi, and Governor Kristi Noem announced the “National Farm Security Action Plan.” This is a move to block nations like China, Russia, and Iran from snatching up farmland near critical and very sensitive infrastructure.
Lily Tang Williams fled communism in China and is now running for Congress in New Hampshire as a Republican. “I did research in English and Mandarin, which is my first language, and I was just shocked,” William said. “I have been trying to warn people,” she said. “Xi Jinping has a China dream, and his China dream is to use a soft power invasion. Business. Education. Apps like TikTok and WeChat. Media. Entertainment. Everything they can, without firing one shot, to expand into western countries like the United States.” This is a very serious national security threat.
