Although Congress has become increasingly concerned about Chinese land purchases, investors from China currently own only a small fraction of this land, at 191,652 acres (0.05 percent of the total).
Foreign-owned land accounts for about 2.7% of all U.S. farmland and forest land, which, according to the Department of Agriculture, is about 897 million acres. That data also shows that the approximately 190,000 acres of farmland owned by Chinese interests has remained virtually unchanged since 2013.
Canada is the biggest foreign owner of U.S. agricultural and timber land, and owns 4.7 million acres in the United States. The Netherlands is the second largest foreign owner with 4.6 million acres.
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A minimum of 35 million acres (2.7% of all U.S. ag land) of American agriculture ground is foreign owned. As of 2020, China owned approximately 192,000 agricultural acres in the U.S, for crops, livestock production, and forestry, according to USDA. At first blush, China's 192,000 acres are a tiny nugget.
The U.S. Federal Government.
While much of this land was transferred to the new state of Hawaii in 1959, the federal government did keep some.
Despite these strategically located private in-holdings, the vast majority of the Grand Canyon is owned by the federal government, held in trust for the American people and managed by a varied collection of federal agencies. Indian reservations, state land, and private land surround these federal lands.
Chinese investors are also focusing on less expensive markets such as Florida and Texas, places with “higher yields and lower taxes”, Ansari said. Most Chinese buyers across the country preferred remodelled homes with few maintenance hassles, he said.
Foreign holders of United States treasury debt
China held 1.05 trillion U.S. dollars in U.S. securities. Japan held 1.3 trillion U.S. dollars worth. Other foreign holders included oil exporting countries and Caribbean banking centers.
When adding portfolio debts (including the $1 trillion of U.S. Treasury debt purchased by China's central bank) and trade credits (to buy goods and services), the Chinese government's aggregate claims to the rest of the world exceed $5 trillion in total.
So why exactly are the Chinese buying up so much land in Oklahoma? Over the past couple of years, more and more rural property and acreage have been bought by China, which leaves people wondering why.
Chinese foreign debt denominated in the U.S. dollar was 80 percent of the total, euros 6 percent, and Japanese yen 4 percent.
Foreign investment plays a significant role in California's economy and real estate market. At the individual level, many Chinese investors own homes in California, taking advantage of our state's pleasant climate, world-class university system and one of the highest gross domestic products (GDPs) in the world.
Chinese investment in U.S. real estate was just dealt a major blow. On Friday, the Chinese government announced that it has seized control of Anbang Insurance Group, the Shanghai-based conglomerate that owns New York City's Waldorf Astoria hotel, 16 Strategic Hotels & Resorts properties and other global assets.
How have Chinese and Canadian investments developed over time? The share of Chinese investors in the U.S. real estate market remained somewhat constant until 2018 when it hovered at around 15 percent, before dropping to 11 percent in 2019 and then six percent in 2021.
The quick answer is that as of January 2018, the Chinese owned $1.17 trillion of U.S. debt or about 19% of the total $6.26 trillion in Treasury bills, notes, and bonds held by foreign countries.
It was announced this morning that ExxonMobil, the largest US oil company, has bought Yellowstone National Park. The price has not been revealed but is believed to be around 3.5 billion dollars. For this, the company gets a 99-year leasehold on the entire park, including all mineral rights.