China Forced to Give Up Land Owned in US

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China Forced to Give Up Land Owned in US
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Arkansas Governor Sarah Huckabee Sanders has ordered Syngenta, a Chinese-owned agriculture tech firm, to relinquish its holdings in the state.

Arkansas has become the first state to order that a Chinese company give up ownership of local land, amid fears of attempts by Beijing to malignly infiltrate and influence the U.S. through various means.On Tuesday, Governor Sarah Huckabee Sanders announced that she was ordering Syngenta to relinquish its 160 acres of land holdings in northeastern Arkansas, accusing its owner of 'posing a clear threat to our state.

S. agriculture trade secrets, and convicted of various crimes related to the long-term conspiracy in 2016.The FBI estimates that Chinese intellectual property theft costs the U.S. economy anywhere between $225 billion and $600 billion a year, describing the east Asian nation as the world's 'principal' infringer of proprietary knowledge.In 2020, FBI Director Christopher Wray said that the agency had seen economic espionage cases linked to China increase by around 1,300 percent.

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