How much US land does China really own? (2024)

A 2022 Chinese land purchase in the U.S. also raised concerns. That spring, a food producer called Fufeng Group bought 370 acres for corn milling near an Air Force base in North Dakota. This prompted the Biden administration to propose a new rule: any foreign company or individual who wants to buy land within 100 miles of certain U.S. military bases (the North Dakota base included) needs government approval.

While Chinese ownership of U.S. land has been a hot topic among lawmakers — even becoming the center of a Montana Senate race this year — China only had a stake in 383,935 acres of U.S. land as of 2021, which is less than 1% of all foreign-held land.

It’s worth noting that a 2023 NBC investigation found that the foreign ownership reporting system is “lax and enforcement minimal,” with some purchases not reported to the USDA for years, but there is little evidence that Chinese land ownership in the U.S. exceeds its reported boundaries by any significant margin.

In testimony to the Senate agriculture committee in September, Michigan State’s Ortega said, “China’s investments in foreign agriculture are largely driven by its desire to build food self-sufficiency.” Former USDA chief economist Joe Glauber told the Washington Post that Chinese ownership of U.S. farmland is “literally a drop in the bucket.”

Despite this, in 2023 alone, at least 81 bills were proposed across 33 states that would restrict Chinese ownership of farmland and of any land near military bases. At least one of those bills passed, a Florida law that banned those who are not U.S. citizens and are “domiciled” in China from buying land or buildings. But the bill was blocked by a U.S. appeals court in February.

Though this new wave of Chinese land restrictions is notable in its volume (and its disproportionality to the amount of land that China actually owns in the U.S.), placing some limits on foreign landownership is a fairly common practice. About half of all states have laws restricting foreign landownership in some capacity, according to the National Agricultural Law Center, and at least 11 federal bills on the topic have been proposed in the last three years.

“We expect the political rhetoric on this to escalate and also expect more legislation to be introduced and passed,” John C. Yang, president and executive director of Asian Americans Advancing Justice, told the Washington Post. “Even state legislators want to appear to be tough on China right now, and they are grasping for things that they can control in their own state legislatures to show that they are being tough.”

How much US land does China really own? (2024)

FAQs

How much US land does China really own? ›

China owns 384,000 acres of American agricultural land. That's a 30% increase just since 2019. And on top of that, they own land near an air force base in North Dakota.

How much American property do the Chinese own? ›

While Chinese ownership of U.S. land has been a hot topic among lawmakers — even becoming the center of a Montana Senate race this year — China only had a stake in 383,935 acres of U.S. land as of 2021, which is less than 1% of all foreign-held land.

Who owns the most farmland in America? ›

The Land Report 100 research team analyzes transactions and scours records to determine America's leading landowners. That's how we broke the news in 2020 that Microsoft co-founder Bill Gates was America's largest farmland owner with more than 260,000 acres.

What percentage of U.S. farmland is foreign owned? ›

All told, 43.4 million acres of forest and farmland in the U.S., or 3.4% of all ag land, is foreign owned as of Dec. 31, 2022. Roughly 30 million of those acres are reported as foreign-owned, with the remainder primarily under a 10-year-or-longer lease.

Where are Chinese buying property in the USA? ›

Chinese residential real estate investment is highly concentrated on the Pacific Coast. Foreign buyers tend to spread their investments across the country. But the Chinese nationals concentrate their residential real-estate investment on the Pacific Coast. Almost 40% of Chinese buyers have purchased in California.

How much does China owe the US? ›

The United States pays interest on approximately $850 billion in debt held by the People's Republic of China. China, however, is currently in default on its sovereign debt held by American bondholders.

What foreign country owns the most land in the United States? ›

It's actually Canada, which accounts for 32%, or 14.2 million acres. Rounding out the top five are the Netherlands at 12%, Italy at 6%, the United Kingdom at 6% and Germany at 5%.

Why is Bill Gates buying so much farm land? ›

He responded, “I own less than 1/4000 of the farmland in the US. I have invested in these farms to make them more productive and create more jobs. There isn't some grand scheme involved - in fact, all these decisions are made by a professional investment team.”

Who is the largest landowner in the world? ›

The largest landowner in the world currently is King Charles III of England. How much land does the Royal Family own? He and the British Royal Family own more than 6,600,000,000 acres of land around the world. They technically own many territories around the globe, amounting to 1/6 of the surface of the planet.

What almost 90% of U.S. farms are owned by? ›

Answer. Though large corporations exert significant influence in agriculture, individual farmers still own the majority of U.S. farms. Almost 90% of U.S. farms are owned by c. individual farmers.

How much U.S. land does Saudi Arabia own? ›

China currently holds 384,000 acres of land in the U.S., which is around 1% of all foreign-held acres. The total holdings for Saudi Arabian investors is about 36,000 acres.

How much land does Japan own in the United States? ›

Foreign Ownership of U.S. Agricultural Land
Country of Foreign InvestorTotal AcresTotal Land Value (US$)
France1,315,7482,974,709,000
Japan636,2582,959,088,000
Sweden688,8012,424,373,000
China383,9352,103,781,000
6 more rows
Mar 16, 2023

Why does the U.S. sell land to other countries? ›

Foreign entities buy agricultural land for a variety of reasons, such as food production, wind farming, carbon offsets, or speculative investments.

Can US citizens own land in China? ›

Yes, China does allow foreigners to buy property. But there are a few requirements you'll need to meet as a US citizen venturing into the Chinese property market. These are the country-wide rules, but there may also be other requirements depending on which region you're looking to buy in.

Can China buy land in Florida? ›

Florida's law prohibits individuals who are "domiciled" in China and are not U.S. citizens or green card holders from purchasing buildings or land in the state.

Why is China buying land in North Dakota? ›

Recent reporting shows that a CCP-affiliated corporation purchased farmland in North Dakota that is just a stone's throw from high-capability military bases. The purchase raises the possibility that the Chinese government could use the farmland as a launching pad for espionage under the guise of operating a business.

How much property in New York is owned by China? ›

Think acres, not boroughs. The latest reports suggest Chinese ownership hovers around 380,000 acres, which sounds impressive until you realize that's roughly twice the size of Central Park. New York City itself? A measly 193,700 acres.

How much of Disney does China own? ›

It's a joint venture with a "state-owned enterprise" — i.e., the CCP. The split? The CCP owns 57%, Disney just 43%. Do most Disney shareholders even know that fact?

Who owns the most houses in the US? ›

Blackstone Group is by far the biggest buyer of single family houses with an estimated $2.5 billion totaling up to 16,000 single-family houses and they are currently in Atlanta GA, Chicago IL, Las Vegas NV, Phoenix AZ, and Inland Empire, LA, Sacremento Valley, Bay Area, Central Valley California, Miami Orlando and ...

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