Several States Weighing Restrictions on Land Purchases By Chinese Firms

Key Takeaways

• In recent years, a number of states and localities have proposed new measures aimed at restricting foreign ownership of agricultural land, particularly by Chinese entities.
• The scope and severity of state-level proposals vary. On the most restrictive end, Texas is considering barring Chinese entities and Chinese citizens from purchasing land and real estate.
• Conversations around Chinese companies’ agricultural land acquisitions and role in the US economy are likely to continue at the federal level.