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There have been various instances of farmland sales to Chinese entities or individuals in different countries.
Australian Land Sold to China
One notable case that received attention in the media involved the sale of farmland in Australia to Chinese investors.
China has been a significant investor in Australian agriculture, including the purchase of agricultural land.
In Australia, foreign investment in agricultural land is regulated by the Foreign Investment Review Board (FIRB).
The FIRB examines proposals for the sale of farmland to foreign entities on a case-by-case basis to ensure they are in the national interest. It assesses factors such as the impact on food security, economic benefits, and adherence to environmental regulations.
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Individual Land Purchases
There have been many small land purchases from Chinese investors, such as this parcel in North Dakota.
Chinese food manufacturer Fufeng Group purchased 300 acres of land near Grand Forks, North Dakota, with the intention of establishing a milling plant.
However, this acquisition has raised national security concerns due to the project's proximity to the Grand Forks Air Force Base.
The concerns stem from the potential risks associated with foreign ownership of land near critical military installations.