In his interview with Fox News host Laura Ingraham, Florida Republican Governor Ron DeSantis revealed that he has signed legislation that would block Chinese companies from buying massive amounts of properties in the Sunshine State.
The Ingraham Angle host expressed growing concerns over foreign entities associated with the Chinese Government purchasing massive properties and real estate in various states across the country.
“I don’t think they should be able to do it,” DeSantis responded. “I think the problem is these companies have ties to the CCP, and it’s not always apparent on the face of whatever a company is doing — but I think it’s a huge problem.” the Governor remarked.
Then he revealed that his administration has banned Chinese “Confucius Institutes,” which allegedly bring in propaganda created by the Chinese Communist Party into American Education System.
“We’re also probably going to do legislation next legislative session about our pension investments, with things that may be linked to the CCP. We don’t necessarily have a lot of it, but we want to make sure that we’re cutting ties so that we’re not funding our number-one adversary.” He added.
Gov. Ron DeSantis to introduce legislation that would block Chinese investors associated with CCP from buying large amounts of real estate in Florida! pic.twitter.com/CGmP5Xgxho
— Yikes Today (@YikesToday) July 26, 2022
Recent reports from the U.S. Department Of Agriculture revealed that private business entities from Mainland China, Taiwan, and Hong Kong are purchasing large amounts of existing homes and real estate in states like Florida and California.
The DoA report also revealed that in 2019, Chinese companies owned at least 192,000 acres of farmland nationwide worth more than $1.9 billion.
The state of Florida attracted the largest volume of foreign real estate purchases across the country and 58 percent of these Chinese investors made all-cash purchases.
Gov. DeSantis’s legislation requires companies to disclose donations worth more than $50,000 from seven specific “countries of concern” These countries include, China, Cuba, Iran, North Korea, Russia, Syria, and Venezuela.
Florida’s Republican Speaker Of The House, Chris Sprowls recently revealed that investigations have found evidence of the Chinese stealing intellectual properties from various universities like the University of Florida and the University of Central Florida.
What do you make of Gov. Ron DeSantis’ remarks and proposal to block Chinese institutions from buying a large amount of property in Florida? Share your thoughts in our Facebook comments!