Indiana’s speedy passage of House Bill 1183 in March, prohibiting certain land sales to companies from China and other adversarial countries, has halted a pending real estate deal with the China-owned company Fufeng, according to LaPorte County Assessor records. Fufeng was looking for real estate in Indiana after being booted out of Grand Forks, North Dakota, following a U.S. Air Force memo that called it a “significant threat to national security.”
Fufeng managed to implant itself in North Dakota with a land purchase before being tarred and feathered out of the state. Fortunately, it was legislated out of Indiana — for now.
Fufeng’s short-lived appearance in Indiana was a smoking gun. What else is going on? The Indiana Economic Development Corporation (IEDC), an unelected upgrade to the traditional commerce department, helps select and develop businesses in Indiana. The IEDC has set up many China-owned companies in the state, including 25 currently operational, according to the IEDC general counsel.
The trend of China-based companies in Indiana has not developed organically but through centralized planning with the help of a Chinese Communist Party-linked nonprofit. A contract on the IEDC’s website shows that it has been paying the America China Society of Indiana (ACSI) to facilitate deals with China-owned businesses. The contract outlines IEDC’s interest in “identifying and creating a pipeline of [foreign direct investment] prospects in China” and preparing trip itineraries, among other tasks.
A state contract to fill a requested “pipeline” of China-owned businesses wishing
