Tag: Chinese companies

Commentary: Voters Want China Out of American Farmland

Pennsylvania Daily Star Staff
China Farmland

Americans firmly reject the Chinese agenda of acquiring U.S. assets, especially vital strategic ones like American farmland. Battleground polling reveals that this issue provides an opportunity for patriotic populist candidates to protect the heartland, provide a stark contrast vs. the leftist big business globalists, and reap substantial political benefits in November’s elections.

Of course, Chinese companies and nationals buy substantial real estate across the board in America, not just farmland. According to National Association of Realtors data, China remains by far the largest source of foreign purchases of U.S. homes. Last year, the Chinese bought $13.6 billion in American homes, more than double the $6.1 billion they spent the year before.

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U.S. Public Pensions Invest over $68 Billion in China

Pennsylvania Daily Star Staff
NYSE Money

American public pension funds have invested tens of billions into Chinese companies over the last three years, according to a new study.

As reported by Axios, the study from the trade advocacy group Future Union shows that a total of $68 billion has been invested in various private Chinese entities in the last three years as of June 30th. There has been at least one public pension fund with investments in China in 42 different states.

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Biden Admin to Bar Chinese Telecom Giants from U.S. Market

Pennsylvania Daily Star Staff

The Federal Communications Commission (FCC) plans to ban telecommunication devices and video surveillance equipment from five Chinese companies in a recent move to address national security concerns, according to Axios.

The proposed FCC ban blocks Huawei,  ZTE, Hytera Communications Corporation, Hikvision and Dahua Technology Company on national security grounds, marking the first time the FCC has attempted to implement an electronics ban on that basis, Axios reported. The proposed ban follows an Oct. 5 draft order circulated by FCC Chairwoman Jessica Rosenworcel that, if approved through a vote, will effectively block all equipment sales by firms that pose a threat to the U.S., according to Axios.

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