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Chinese-Owned Company Fights Bill Banning Foreign Enemies from Buying Property in Ohio

by London 24/7
in Opinion
Reading Time: 2 mins read
Chinese-Owned Company Fights Bill Banning Foreign Enemies from Buying Property in Ohio

Fuyao Glass, a Chinese-owned company, has been making headlines recently for their efforts to oppose a bill that would ban foreign enemies from buying land and operating businesses in Ohio. The bill, which has been proposed by Ohio lawmakers, has sparked controversy and debate, with Fuyao Glass at the center of it all.

The bill, known as the “Foreign Enemies Property Act,” aims to prevent foreign enemies from gaining a foothold in Ohio by prohibiting them from purchasing land or operating businesses within the state. This has raised concerns among some lawmakers and citizens about the potential impact on foreign-owned companies already operating in Ohio, such as Fuyao Glass.

Fuyao Glass, which is headquartered in China, has been operating in Ohio since 2014 when it purchased a former General Motors plant in Moraine. The company has since invested over $1 billion in the plant and has become one of the largest employers in the area, with over 2,000 employees. However, with the proposed bill, Fuyao Glass could potentially be forced to sell their property and leave Ohio.

In response to the bill, Fuyao Glass has been working tirelessly behind the scenes to oppose it. The company has been meeting with lawmakers, community leaders, and other stakeholders to voice their concerns and explain the potential negative impact the bill could have on their business and the local economy.

Fuyao Glass has also been actively engaging with the media to raise awareness about the issue. In a recent interview with Breitbart, Fuyao Glass Chairman Cao Dewang expressed his disappointment with the proposed bill, stating that it would be a “huge loss” for the company and the local community if they were forced to leave Ohio.

Chairman Cao also highlighted the positive contributions that Fuyao Glass has made to Ohio, including job creation and economic growth. He emphasized that the company has always been a responsible and law-abiding corporate citizen, and the proposed bill unfairly targets them and other foreign-owned companies.

Fuyao Glass has also been working to dispel any misconceptions about their ownership and operations. Despite being a Chinese-owned company, Fuyao Glass is not an enemy of the United States. In fact, the company has been a strong supporter of American businesses and has been actively investing in the US economy.

Furthermore, Fuyao Glass has been transparent about their operations and has complied with all laws and regulations in Ohio. The company has also been actively involved in the local community, supporting various charitable causes and initiatives.

The efforts of Fuyao Glass have not gone unnoticed. Many lawmakers and community leaders have come out in support of the company, recognizing their contributions to Ohio and the potential negative impact the bill could have on their business.

In conclusion, Fuyao Glass is a shining example of a foreign-owned company that has made a positive impact in Ohio. Their opposition to the proposed bill is not only in their own best interest but also in the best interest of the local community and the state’s economy. It is important for lawmakers to consider the consequences of this bill and work towards finding a solution that does not harm responsible and law-abiding foreign-owned companies like Fuyao Glass. Let us continue to welcome and support foreign investment in Ohio, as it brings jobs, economic growth, and diversity to our state.

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