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Historically, farmland has been owned by small property owners, but as of 2017 institutional investors, including foreign corporations, had been purchasing farmland. [73] In 2013 the largest producer of pork, Smithfield Foods , was bought by a company from China.
NPR Illinois says USDA data shows over 80% of Chinese-owned land is held by major meatpacker Smithfield Foods, and a billionaire named Sun Guangxin who purchased 100,000 acres in Texas for a wind ...
Critics, such as The New York Times, have alleged that China's state-owned companies are a vehicle for corruption by the families of ruling party leaders who have sometimes amassed fortunes while managing them. [11] As of October 2019 China had more than 350 individual entries in the Government-owned companies of China category page.
Menawhile, analysis from the Farm Service Agency of the USDA, Chinese investors owned 349,442 acres of US farmland as of December 31, 2022. Billionaire and Chinese Communist Party member Chen ...
The number of U.S. farm acres owned by foreign entities grew more than 8% in 2022, though the 43.4 million acres of foreign-owned forest and farm land is just 3.4% of the country's agricultural ...
The United States Supreme Court has upheld the broad powers of the federal government to deal with federal lands, for example having unanimously held in Kleppe v. New Mexico [7] that "the complete power that Congress has over federal lands under this clause necessarily includes the power to regulate and protect wildlife living there, state law notwithstanding."
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The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.