Through land grabs, media partners, and spies, the Chinese assault is less of a swift invasion and more of an endless infiltration.
Numerous pieces have been published discussing the inexorable rise of China, and the likelihood of the Chinese economy overtaking the United States’ economy. More concerning, though, is the fact that Chinese companies closely aligned with Beijing are directly influencing operations in the United States. They are buying up land, influencing news and media networks, and shaping the narratives on college campuses. The Chinese assault is less of a swift invasion and more of an endless infiltration.
Land Grabs
Fufeng Group, a company with close ties to the Chinese Communist Party (CCP), recently acquired 300 acres of prime farmland in North Dakota for $2.6 million. China now owns well over 192,000 agricultural acres in the United States.
On July 25, obviously concerned by Fufeng’s purchase, Doug Burgum, the governor of North Dakota asked the U.S. Treasury Secretary Janet Yellen and U.S. Defense Secretary Lloyd Austin to “provide clarity on whether this land purchase has national security implications.”
Burgum’s fears are most definitely warranted. Over the last decade, Chinese ownership of farmland in the United States has increased dramatically. To compound matters, only a handful of states ban foreign ownership of farmland. Since 2016, a mysterious billionaire by the name of Sun Guangxinhas spent tens of millions of dollars buying land in Texas. Sun’s ties to the CCP are well known.
In truth, Chinese ownership of American farmland is just one part of the disturbing equation. Residential real estate is the second part. China now accounts for roughly a quarter of total foreign investment, in U.S. residential real estate, according to Market Watch. The Chinese are now the largest foreign buyers of U.S. homes and this has been the case for close to a decade.
Chinese Media Partners
The next step in Chinese infiltration involves corporate media. Take CNN, for example. It’s owned by CNN Global, which is part of Warner Bros. Discovery. This multinational mass media and entertainment conglomerate has close ties to China.
Three other highly influential networks, NBC News, CNBC, and MSNBC, are owned by Comcast. As Harold L. Vogel, a former professor of finance and economics at Columbia, wrote last year, Comcast’s reliance on the Chinese market cannot be emphasized enough. From “major feature film releases to a theme park, and to NBA basketball games,” Comcast is beholden to...
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