Florida Gov. Ron DeSantis has vowed to crack down on “undue influence from rogue states” like China.
Florida Gov. Ron DeSantis has vowed to crack down on “undue influence from rogue states” like China in response to Chinese businesses reportedly buying up large tracts of farmland.which found that Chinese real estate investors spent $6.1 billion on American real estate over a 12-month period that ended in March — more than any other group of foreigners.
DeSantis said he would sign legislation that would prevent Chinese interests from purchasing farmland in Florida.Businessmen from the mainland, Taiwan, and Hong Kong have reportedly been aggressive in purchasing existing homes in places like Florida and California. DeSantis said that he plans to sign legislation that would limit the extent to which Chinese firms can invest in Florida pension funds.
GOP senators Marco Rubio of Florida and Kevin Kramer of North Dakota wrote a letter to the Biden administration earlier this month demanding that officials reviewjust several miles from a sensitive military base.
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