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BUYING IT ALL? Chinese Billionaires Purchase Masses of Land Across the U.S.

- News & Commentary -



In 2016, a company owned by Xinjiang-based real estate tycoon Sun Guangxin spent an estimated “$110 million buying up land in Texas’ Val Verde County. Located on the Mexican border, it is a town of around 50,000 people and consists of family-owned hunting ranches and Laughlin Air Force Base, a training ground for military pilots.


15,000 acres of this land bought by the Chinese was set aside for his company

GH America Energy LLC, is a wind farm company “that could “feed into Texas’ electricity” according to the Electric Reliability Council of Texas (ERCOT).


Who was making these decisions for a wind turbine project to be put on Texas land without its citizens of the state knowing? More importantly, why would the Chinese want to purchase land so close to a U.S. Air Force Base?


Sun’s ties to the Chinese Communist Party, drew attention from U.S. politicians when his company looked into hiring U.S. Army and Government officials. Besides former Texas Congressman Will Hurd writing an op-ed warning about Sun’s wind farm, both U.S. Senators Ted Cruz and John Cornyn have condemned Sun’s adventure.


Even though the Chinese are buying up land across the United States, Texas is looking into taking legal action to stop China’s advance in the U.S.


On June 1st, Texas Governor Abbot signed the Lone Star Infrastructure Protection Act.


“As far as I know, this is the first law of its kind by any state in the United States of America,” Abbot boasted.


The bill’s purpose is to prevent business entities associated with “hostile nations” from accessing the Texas electricity grid and other pieces of “critical infrastructure,” including computer networks and waste treatment systems.


This is one step in the right direction. In Canada, they won’t even let foreign entities purchase land. Many critics of the lax U.S. policy on the matter are pointing this out due to the seriousness and widespread nature of this issue.


Chinese entities are reportedly purchasing land in Colorado and North Dakota: thousands of acres of mostly farmland. There just may be more to this story than meets the eye.



 

Contributor(s)

Stefanie Daubert Contributor+ Writer

ConservativeChristianNews1@gmailcom



Sources


Forbes, Why a Secretive Chinese Billionaire Bought 140,000 Acres of Land in Texas, August 9, 2022. John Hyatt.





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