Residents in Green Charter Township have protested the land grab by Chinese firm Gotion, which has now backed out of buying around 80 acres of farmland
Chinese-owned companies now own almost 400,000 acres of US agricultural land worth $2bn, up from just $162m a decade ago, DailyMail.com can reveal
It has sparked a national debate over whether the US should be allowing a hostile state to buy swathes of land critical to the country's food and energy supply
A rural community in Michigan has hailed a 'huge victory' after a Chinese-owned industrial firm backed out of buying local farmland.
Residents of the idyllic Green Charter Township, around 50 miles east of Lake Michigan, say they were 'bullied' into accepting the takeover, but refused to do so.
Gotion, a company that 'pledges allegiance' to the Chinese Communist Party (CCP), did, however, complete the purchase of 260 acres of derelict industrial land in the township and 10 acres of disused farmland last week.
It comes as data shows Chinese firms now own more than $2billion worth of US farmland, up from just $162million a decade ago, DailyMail.com can reveal.
The CCP has a stake in 383,935 acres of American agricultural land as of December 2021, according to the latest figures released by the US Department of Agriculture.
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