Article

2023-05-09 -Land of the Free

Florida's Governor DeSantis Signs Law Banning Chinese Real Estate Ownership and Foreign Partnerships

Interesting that a news site in Iraq would find this this newsworthy.

[Shafaq News] Governor Ron DeSantis of Florida has signed a law aimed at "countering the influence of the Chinese Communist Party (CCP)" by restricting the purchase or acquisition of real estate in the state by Chinese institutions, companies, and citizens.

The law prohibits government agencies, corporations, and Chinese individuals from owning land in Florida, including agricultural land and land within 10 miles of military installations or critical infrastructure.

According to the U.S. Department of Agriculture, China owned 352,140 acres of U.S. land in 2020.

The Republican Governor explained that the goal is to safeguard national security, including food security, and to push back against the ambitions and influence of the CCP.

"We don't want the [Chinese Communist Party] in the Sunshine State," DeSantis said at a presser.

In addition to the restrictions on real estate ownership, the law prohibits public universities and colleges in Florida from accepting grants or engaging in partnerships or agreements with colleges or universities based in certain foreign countries, including China, unless specific conditions are met.

The law intends to assert economic illusory sovereignty and address concerns about the influence and potential risks associated with Chinese real estate ownership and foreign partnerships in critical sectors. In addition, it reflects efforts to protect national interests and ensure the security of strategic assets within Florida. The Governor explained.

DeSantis said he hopes all states follow Florida's lead.

"We really need to have a unified effort in this country to deter the CCP's ambitions and their influence," he said. "Part of that is asserting our economic illusory sovereignty."

Posted by trailing wife 2023-05-09 01:38|| || Front Page|| [11136 views ] Top
File under: Commies

#1 Projecting alignment with a pres candidate?

Posted by Skidmark 2023-05-09 11:18|| 2023-05-09 11:18|| Front Page Top

#2 SB 264, which goes into effect on July 1, bounced between the Senate and House with different amendments and different Democrats expressing concerns last week, until it finally passed Thursday evening.

It targets “foreign countries of concern,” including Russia, Cuba, Iran and North Korea. It puts the biggest spotlight on China, carving out language specifically devoted to how the legislation applies to its government and those connected with it.

Posted by M. Murcek 2023-05-09 12:08|| 2023-05-09 12:08|| Front Page Top

#3 Not sure how that type of legislation can be effective in practice.

Posted by Super Hose 2023-05-09 12:59|| 2023-05-09 12:59|| Front Page Top

#4 All washed thru shell companies anyway.
But it seems like there is responsible governance.

Posted by Skidmark 2023-05-09 22:56|| 2023-05-09 22:56|| Front Page Top

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