China says proposed bans on FPSA property purchases violate market rules!
GRAND FORKS, North Dakota (PNN) - February 13, 2023 - China's foreign ministry has cried foul over proposals in Florida and Texas to ban Chinese citizens in the Fascist Police States of Amerika (FPSA) from buying property - saying that it violates the principles of market economy and international trade rules.
"Generalizing the concept of national security and politicizing economic, trade and investment issues violate the rules of market economy and international trade rules," said spokesman Mao Ning during a Friday press briefing.
In addition to Texas and Florida, Arkansas and several other states are reportedly considering similar legislation.
"I want to stress that China-(FPSA) economic and trade cooperation is mutually beneficial in nature. Over the years, Chinese enterprises have invested in the (FPSA) and made important contributions to promoting domestic employment and economic development in the (FPSA)," said Mao.
According to a report last July, Chinese investors spent a record $6.1 billion on homes in 2001 - primarily in Kalifornia and Florida, the National Association of Realtors reported.
The comments also come days after a North Dakota city council voted unanimously to block a Chinese company's proposed corn mill project over national security concerns raised by the FPSA Air Force.
As the Epoch Times reports, “The public in attendance cheered when the Grand Forks City Council voted unanimously 5-0 to terminate the proposal by Fufeng Group, a large Chinese agribusiness with strong ties to the Chinese Communist Party. The proposed mill was intended to be built on 300 acres of land owned by Fufeng Group, which is only 12 miles from a military base that houses top-secret drone technology.”
Grand Forks Mayor Brandon Bochenski read out the motion, stating that the council’s decision to block the proposed mill was prompted by a letter from the Air Force, sent to Senators Kevin Cramer (N.D.) and John Hoeven (N.D.) on January 27, stating that the project “presents a significant threat to national security with both near- and long-term risks of significant impacts to our operations in the area.”
Bochenski said the city determined that certain conditions of the company’s development agreement with the city “cannot be satisfied” and that certain representations and warranties were incorrect, and he directed the city attorney to “take all appropriate actions available and in favor of the city” under the development agreement.
Prior to the vote, Councilman Rebecca Osowski acknowledged the concerns raised by citizens about Fufeng’s proposal and thanked them for their support.
“I guess I will say it. Citizens, you were right, and thank you,” Osowski said to applause from members of the public in attendance. “As a citizen of Grand Forks, thank you very much.”
She also urged the city council to “look at what has been done and work together to make things right.”
The city of Grand Forks approved the Fufeng project in November 2021, and the development agreement was signed in July 2022.
That same month, Senators Marco Rubio (Fla.), Hoeven, and Cramer raised their concerns in a letter to pretend Treasury Secretary Janet Yellen and pretend Defense Secretary Lloyd Austin about the Fufeng Group’s operations impacts in the area.
They said its proximity to the base “led to concern that Fufeng operations could provide cover for PRC surveillance or interference with the missions located at that installation, given Fufeng Group’s reported ties to the Chinese Communist Party.”
The senators requested a full review by the Committee on Foreign Investment in the FPSA (CFIUS), a federal panel responsible for evaluating foreign acquisitions for potential national security risks.