What Companies Does China Own in the US?

The presence of Chinese-owned companies in the United States has been steadily increasing over the years, with Chinese conglomerates investing in various industries and acquiring stakes in prominent American businesses. These investments have led to significant impacts on the American economy and everyday lives.

Some notable examples of Chinese-owned companies in the US include the Chicago Stock Exchange, AMC (the nation’s largest movie theater chain), Smithfield Foods (the US’ largest pork processor), Legendary Entertainment Group (a renowned movie studio), GE Appliances, the Waldorf Astoria hotel in New York City, Strategic Hotels & Resorts, Riot Games (the creator of “League of Legends”), Ingram Micro (a leading technology distributor), and Motorola Mobility.

Key Takeaways:

• Chinese conglomerates, such as HNA Group and Dalian Wanda Group, have acquired stakes in US companies across various industries.
• Chinese-owned companies in the US include the Chicago Stock Exchange, AMC, Smithfield Foods, Legendary Entertainment Group, GE Appliances, the Waldorf Astoria hotel, Strategic Hotels & Resorts, Riot Games, Ingram Micro, and Motorola Mobility.
• Chinese-owned businesses impact American lives in sectors like finance, entertainment, food processing, hospitality, technology, and more.
• Chinese acquisitions have raised concerns about national security and foreign ownership of critical infrastructure and sensitive information.
• There are ongoing discussions and proposed legislation to regulate Chinese land ownership in the US and strengthen oversight of foreign investments.

Chinese-Owned Businesses Impacting American Lives

Chinese-owned businesses have a significant presence in various sectors of the American economy, leaving a lasting impact on the lives of everyday citizens. These companies, backed by Chinese conglomerates and corporations, have made strategic acquisitions that have reshaped industries and consumer experiences across the country.

Chinese Influence in the Entertainment Industry

One notable example is the ownership of AMC, the largest movie theater chain in the US, by the Dalian Wanda Group. This Chinese conglomerate’s involvement in the entertainment industry extends beyond movie theaters – they attempted to acquire Paramount Pictures, further solidifying their influence in Hollywood. Additionally, Legendary Entertainment Group, owned by Dalian Wanda Group, has co-financed blockbuster films such as “Jurassic World” and “Warcraft,” captivating audiences and shaping popular culture.

Chinese Ownership of Prominent American Brands

The impact of Chinese ownership extends beyond entertainment. For instance, Qingdao Haier’s acquisition of GE Appliances for $5.4 billion made it the owner of a renowned American brand known for quality home appliances. Anbang Insurance Group gained ownership of the iconic Waldorf Astoria hotel in New York City, marking a significant Chinese presence in the US hospitality sector. Similarly, Strategic Hotels & Resorts, a collection of luxury properties, fell under the control of Anbang through acquisition. These examples highlight how Chinese-owned businesses have made their mark on industries that directly affect people’s daily lives.

Expanding Chinese Presence in Technology

Chinese companies have also made inroads into the technology sector. Tencent, a Chinese holding company, acquired Riot Games, the creator of the immensely popular video game “League of Legends.” This acquisition showcases the influence of Chinese investors in the gaming industry, as gaming becomes an increasingly integral part of American culture. Furthermore, China’s HNA Group’s acquisition of Ingram Micro, a leading technology distributor, for $6 billion exemplifies their expansion into the US tech market.

Chinese-Owned Business	Industry	Impact
AMC	Entertainment	Largest movie theater chain in the US
GE Appliances	Technology	Renowned American brand in home appliances
Waldorf Astoria	Hospitality	Iconic New York City hotel
Strategic Hotels & Resorts	Hospitality	Owner of luxury properties in the US
Riot Games	Entertainment	Creator of popular video game “League of Legends”
Ingram Micro	Technology	Leading technology distributor

Chinese Land Ownership in the US and National Security Concerns

As we explore the extent of Chinese investments in the US, it is crucial to discuss Chinese land ownership and the national security concerns it raises. While Chinese-owned land in the US represents a small portion of all foreign-owned land, there are valid worries regarding the Chinese government’s control over US assets and potential access to sensitive information.

A significant area of concern is the acquisition of land by Chinese companies and investors, including major food corporations like Smithfield Foods. This not only raises questions about food security but also highlights the potential vulnerabilities of our energy supply chain.

Although data on Chinese-owned land near military installations is limited, it is a topic that demands attention. There is a growing unease about potential disruptions to US military communications and the overall security of critical infrastructure.

Currently, the majority of Chinese-owned land is concentrated in corporations, with Smithfield Foods and billionaire Sun Guangxin holding over 80% of the Chinese-owned land. As foreign ownership of US agricultural land, including Chinese-owned land, continues to rise, there is growing momentum for stronger regulations and reporting requirements.