I’m deeply concerned that individuals tied to the Chinese Communist Party are buying up Oregon timberland.
I’m proud to be an original cosponsor of two proposals that seek to prevent competitors and adversaries of the U.S. from purchasing our valuable land! https://t.co/OzjQDCQBTr
— Rep. Lori Chavez-DeRemer (@RepLCD) January 11, 2024
About 33,000 acres of the land Chen reportedly owns is located across the Bull Springs Skyline Forest in Oregon, which, in addition to an array of wildlife and freshwater springs, is home to a massive supply of timber. The Chinese national has also scooped up property in and around some of America’s biggest cities, including New York City’s Vanderbilt mansion and the Seeley Mudd Estate located near Los Angeles, California. Furthermore, Chen reportedly owns a massive facility on the premises of the California Institute of Technology.
All of these purchases, along with Chen’s close connections with the Chinese Communist Party, have prompted lawmakers to expedite their push to limit the ability of foreign investors — particularly from adversarial nations — to buy large sections of U.S. land. Some efforts were already underway prior to the latest revelations, with certain limitations being pursued in Missouri and Florida.
For his part, U.S. Sen. Marco Rubio (R-FL) expressed his misgivings about China’s broader intentions. “One of the Chinese Communist Party’s goals is to undermine and weaken America,” he declared. “This includes instances where our greatest adversary continues to buy land — whether farmland or near our installations.”