The United States government is not appropriately addressing the threat posed by growing Chinese ownership of American land, according to a report released by the Heritage Foundation Thursday.
The federal government is woefully ill-equipped to track Chinese-owned real estate in the country, despite the serious threat these Chinese Communist Party-affiliated entities can pose to critical U.S. infrastructure, according to the report. The report calls on federal and state leaders to take action, such as increasing transparency and conducting more critical reviews of land purchases. (RELATED: EXCLUSIVE: Email Reveals Effort To Bring Chinese-Owned Firm Flagged As National Security ‘Threat’ To US Heartland)
“China’s ownership of American land is nontransparent and unscrutinized, and the federal government has failed to address potential threats even as Chinese ownership of U.S. real estate increases,” Bryan Burack, a senior policy advisor for the Heritage Foundation and author of the study, told the Daily Caller News Foundation.
