Texas lawmakers sound alarm as CCP billionaire buys 140K acres near U.S. border

Texas lawmakers sound alarm as CCP billionaire buys 140K acres near U.S. border
Texas wind farm. Pixabay

[Ed. – China is moving as fast as U.S. domestic interests to move board pieces around while the moving’s good.  We should always care when foreign interests own big chunks of our land and our infrastructure (such as electric power and transportation).  I have no problem with limiting or even prohibiting such ownership.  Freedom for the American people is the key to our prosperity, not freedom of investment for foreign powers in economic features with direct national security implications.]

What started as Texans seeking to protect a local river has morphed into a political firestorm after a Chinese billionaire and member in good standing with the Chinese Communist Party snapped up 140,000 acres in the state on the border with Mexico near Laughlin Air Force Base.

And Chinese real estate tycoon Sun Guangxin is not only a neighbor to a top U.S. military installation, but he is planning a wind farm on the property, meaning the operation could be connected to the electricity grid in the state.

Devils River Conservancy was the first to sound the alarm about foreign investors buying up massive amounts of U.S. land based on how those investors could harm the environment.

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But when lawmakers found out about Sun and his plans, national security became the focal point.

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