Illinois’ local congressional delegation asked the U.S. treasury secretary on Thursday to examine the recent sale of a stake in a grain terminal on the Mississippi River to a company affiliated with the Chinese government.
U.S. Reps. Mike Bost, R-Murphysboro, and Nikki Budzinski, D-Springfield, expressed concern for national security over the sale of Growmark Inc.’s location in Cahokia Heights to COFCO International, which closed last week.
"China is attempting to buy up America’s commercial infrastructure and farmland at a breakneck pace,” Bost said. “The economic and national security implications are far too great to allow that to happen.”