• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
China

Montana senator wants to ban Chinese ownership of U.S. farmland. The alleged spy balloon that floated over the state is giving his plan new life

Nicholas Gordon
By
Nicholas Gordon
Nicholas Gordon
Asia Editor
Down Arrow Button Icon
February 13, 2023, 3:34 AM ET
Senator Jon Tester has been a vocal critic of the U.S. response to an alleged Chinese spy balloon.
Senator Jon Tester has been a vocal critic of the U.S. response to an alleged Chinese spy balloon.Drew Angerer—Getty Images

Senator Jon Tester (D-Mont.) is doubling down on his proposal to restrict foreign ownership of U.S. farmland, tying his decision to the alleged Chinese spy balloon that passed over his state last week. 

“People ought to be able to sell who they want to sell to, but not in this particular case, because China wants to do bad things to us,” Tester said on CBS’s Face the Nation on Sunday. 

Testor suggested that the ban would extend to Chinese private companies, saying “they’re all connected with the Communist Chinese government anyway.”

On Jan. 31, Tester and Senator Mike Rounds (R-S.D.) introduced a bill that would include the Secretary of Agriculture on the Committee on Foreign Investment in the United States (CFIUS), which examines the national security implications of potential foreign investments in the U.S.

“This is a ban against China, Russia, North Korea, and Iran, folks who don’t want to see us exist anymore as a nation,” Testor said on Sunday. “I don’t think they should have any opportunity to try to dictate our food supply.”

Tester has criticized the U.S. response to an alleged Chinese espionage balloon, which was first noticed over Montana. In a Senate hearing last week, Tester asked defense officials why “this baby wasn’t taken out long before.” The U.S. eventually shot down the balloon off the coast of South Carolina, a week after it first entered U.S. airspace. 

Chinese officials initially apologized for the balloon, claiming it was a “civilian airship” blown off course. Yet Beijing’s tone has hardened since the balloon was shot down, calling the U.S. military operation an “overreaction.”

The U.S. has shot down three more “flying objects” since then, most recently on Sunday evening as an “unidentified object” passed over Lake Huron. Officials have not shared details on the targeted objects. (Even China is now escalating its operations against unidentified flying objects, with local media suggesting the country might move against one object sighted around the city of Qingdao.)

Does China own U.S. farmland?

Foreign, and particular Chinese, involvement in U.S. agriculture is the latest flashpoint in relations between the two powers. Chinese entities owned less than 1% of privately held U.S. farmland as of the end of 2020, according to the Wall Street Journal.

Yet the total holdings by Chinese entities increased by four and a half times between 2010 and 2020. And Chinese investments in agribusiness are growing: in 2013, the Hong Kong–based WH Group purchased Smithfield, the world’s largest producer of pork. 

Last Tuesday, the North Dakota town of Grand Forks voted down a proposal by Chinese agribusiness company Fufeng Group to build a $700 million corn mill. The unanimous vote by the city council ends a monthslong tussle over the proposed factory, which would have been situated close to a U.S. Air Force base. 

Local officials, like Grand Forks mayor Brandon Bochenski, originally hailed the deal when it was agreed upon in November 2021. Yet residents and U.S. politicians said they were worried the mill could become a base for covert espionage against U.S. military operations.

CFIUS denied a request to examine the deal last December, citing a lack of jurisdiction. The U.S. Air Force stepped in instead, calling the potential mill “a significant threat to national security” in a letter to Senators John Hoeven (R-N.D.) and Kevin Cramer (R-N.D.). City officials like Bochenski cited the letter in their decision to halt the project.

Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Sign up here.

About the Author
Nicholas Gordon
By Nicholas GordonAsia Editor
LinkedIn iconTwitter icon

Nicholas Gordon is an Asia editor based in Hong Kong, where he helps to drive Fortune’s coverage of Asian business and economics news.

See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in

Personal FinanceReal Estate
Current ARM mortgage rates report for Dec. 30, 2025
By Glen Luke FlanaganDecember 30, 2025
2 hours ago
Personal Financemortgage rates
Current refi mortgage rates report for Dec. 30, 2025
By Glen Luke FlanaganDecember 30, 2025
2 hours ago
Personal Financemortgages
Current mortgage rates report for Dec. 30, 2025: Rates dip slightly
By Glen Luke FlanaganDecember 30, 2025
2 hours ago
Personal FinanceSavings accounts
Today’s best high-yield savings account rates on Dec. 30, 2025: Earn up to 5.00% APY
By Glen Luke FlanaganDecember 30, 2025
2 hours ago
Personal FinanceBanks
Best CD rates today, Dec. 30, 2025: Earn up to 4.18% APY if you lock in now
By Glen Luke FlanaganDecember 30, 2025
2 hours ago
AsiaSemiconductors
Why Singapore is the only Southeast Asian country in Pax Silica, the U.S.’s new AI ‘inner circle’
By Angelica AngDecember 30, 2025
3 hours ago

Most Popular

placeholder alt text
Success
Gen Z could wave goodbye to résumés because most companies have turned to skills-based recruitment—and find it more effective, research shows
By Orianna Rosa RoyleDecember 29, 2025
18 hours ago
placeholder alt text
Success
MacKenzie Scott's close relationship with Toni Morrison long before Amazon put her on the path give more than $1 billion to HBCUs
By Sasha RogelbergDecember 28, 2025
2 days ago
placeholder alt text
Arts & Entertainment
Gen Zers and millennials flock to so-called analog islands 'because so little of their life feels tangible'
By Michael Liedtke and The Associated PressDecember 28, 2025
2 days ago
placeholder alt text
Future of Work
Malcolm Gladwell tells young people if they want a STEM degree, 'don’t go to Harvard.' You may end up at the bottom of your class and drop out
By Sasha RogelbergDecember 27, 2025
3 days ago
placeholder alt text
Banking
Russian official warns a banking crisis is possible amid nonpayments. 'I don’t want to think about a continuation of the war or an escalation'
By Jason MaDecember 27, 2025
2 days ago
placeholder alt text
AI
'Godfather of AI' Geoffrey Hinton predicts 2026 will see the technology get even better and gain the ability to 'replace many other jobs'
By Jason MaDecember 28, 2025
2 days ago