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Why a Chinese billionaire bought 140,000 acres of land in Texas

On June 7, Texas governor Greg Abbott sat down at a desk in the state capitol and, flanked by a half-dozen lawmakers, put pen to paper for a ceremonial signing of the Lone Star Infrastructure Protection Act. “As far as I know this is the first law of its kind by any state in the United States of America,” he boasted. The bill’s purpose: Prevent business entities associated with “hostile nations” from accessing the Texas electricity grid and other pieces of “critical infrastructure,” including computer networks and waste treatment systems.

 

Read more from John Hyatt with Forbes here.