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US proposes restricting foreign land purchases near military bases

  • The US government wants to require approval for foreign citizens and companies buying property within 100 miles of 8 bases.
  • The proposed rule change aims to expand the power of a committee reviewing foreign investments to protect national security.
  • The issue arose from a Chinese company's plan to build a plant near an Air Force base in North Dakota.
  • The bases include 3 tied to the B-21 Raider, the US's future stealth bomber.
  • Lawmakers also want to review foreign investments in agricultural land.
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