Jump to content

CCP Billionaire Secretly Bought 200,000 Acres Of U.S. Farmland!


Reagan

Recommended Posts

From the article:  

"It was revealed this week that a member of the Chinese Communist Party secretly purchased 198,000 acres of U.S. farmland, back in 2015.

Chen Tianqiao, a co-founder of Shanda Interactive Entertainment, made the purchase of Oregon land for $85 million, paying around $430 an acre, according to Land Report magazine, the New York Post reported Saturday.

“In 2015, Tianqiao Chen acquired nearly 200,000 acres of former Crown Pacific timberlands in Oregon from Fidelity National Financial Ventures for $85 million ($430 per acre),” the magazine said. “Chen did so via the investment vehicle Whitefish Cascade Forest Resources LLC. In December 2023, Oregon tax records revealed that the 198,000-acre block was currently owned by Shanda Asset Management LLC.”

According to the Daily Mail, Chen’s purchase does not show up in government records of land ownership by foreign investors."

This is the hidden content, please

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Member Statistics

    46,199
    Total Members
    1,837
    Most Online
    Daniel Hernandez
    Newest Member
    Daniel Hernandez
    Joined


×
×
  • Create New...