The China Problem

LAND GRAB: CCP Party Member the Second Largest Foreign Owner of U.S. Land; Report

posted by Hannity Staff - 1.11.24

According to an exclusive The Daily Caller report, the second-largest foreign landowner in the U.S. is a Chinese billionaire who is a member of the CCP.

From The Daily Caller:

Chen Tianqiao, the founder, chairman and CEO of global investment firm Shanda Group, owns approximately 200,000 acres of land in Oregon, according to Land Report. Chen also has extensive ties to the Chinese government, ranging from CCP membership to executive roles in CCP-affiliated organizations, according to a DCNF review of Chinese-language media reports.

In 2015, Chen acquired 198,000 acres in Oregon, according to Land Report. The $85 million purchase made the Chinese national the 82nd-largest property owner in the U.S. and the second-largest foreign U.S. land owner, Bloomberg reported, second only to a Canadian family who owns over 1 million acres of Maine.

Oregon’s Bull Springs Skyline Forest accounts for approximately 33,000 of Chen’s acreage, according to Land Report. The forest is located west of Bend, Oregon, and is home to springs, creeks, timberland and wildlife, according to the Bull Springs Skyline Forest website.

Oregon Republican Rep. Lori Chavez-DeRemer said she was “deeply concerned that individuals tied to the Chinese Communist Party are buying up timberland, which is one of our most precious and finite resources.”

“Foreign ownership of United States lands is a serious problem that has rightfully sparked unease among farmers, ranchers and foresters across the country,” Chavez-DeRemer told the DCNF.

Full report over at The Daily Caller:

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