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Arkansas becomes the first state to ban a Chinese-owned company from owning farmland
1 year ago
21
In an unprecedented move, Arkansas has become the first U.S. state to compel a Chinese-owned company to divest its farmland under a new law, setting a new precedent in international land ownership.
Arkansas Governor Sarah Huckabee Sanders announced this significant decision, marking a bold step towards reclaiming domestic agricultural control. The decision mandates a Chinese government-owned agricultural company to sell off 160 acres of farmland within the next two years, according to reports by the New York Post and the Arkansas Advocate.
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