Former President Donald Trump has promised to ban Chinese nationals from buying U.S. farmland or other critical industries if he retakes the White House.
In a nearly three-minute campaign video released on Jan. 18, Trump sounded the alarm that China’s extensive economic influence in the country risks the United States falling under the communist regime’s control.
“China does not allow American companies to take over their critical infrastructure and America should not allow China to take over our critical infrastructure,” he said in a speech recorded from Mar-a-Lago, emphasizing a need for “aggressive new restrictions on Chinese ownership of any vital infrastructure in the United States, including energy, technology, telecommunications, farmland, natural resources, medical supplies, and other strategic national assets.”
Chinese investors were the largest foreign buyer of U.S. real estate by dollar amount between March 2021 and March 2022, with $6 billion spent over the period, according to the National Association of Realtors.
Recent years have seen growing outcry over Chinese land acquisitions to build energy infrastructure or located near U.S. military bases, with opponents saying such purchases may allow the Chinese Communist Party (CCP) the ability to disrupt the country’s critical infrastructure and spy on defense facilities.
But the focus on land alone is far from enough to combat the threats posed by the Chinese regime, Trump said.
“The fact is we should be very concerned about all Chinese communist activity in the United States,” he said. “As I’ve long said, economic security is national security.”
Aside from barring Chinese purchases in essential U.S. industries, Trump believes the United States “should begin the process of forcing the Chinese to sell any current holdings that put our national security at risk.”
“If we don’t do this, the United States will be owned by China, which would make them very happy. When I’m president, I will ensure that America’s future remains firmly in American hands, just as I did when I was president before. It’ll happen again and our country will be stronger than ever.”