Letter to the Editor: Some facts about China
Just the News reported, “Between 2002 and 2016, Chinese state-owned or state-linked companies acquired more than $120 billion worth of assets in 40 states across the U.S.
Just 15 Chinese entities (sovereign wealth funds, state-owned corporations or state-linked private sector firms) accounted for 60% of this activity.
In 2016 alone, more than 50 of these Chinese acquisitions exceeded $50 million. Several Chinese takeover deals exceeded $1 billion.”
In U.S. academia, there are nearly 75 Confucius Institutes in the United States and 500 Confucius classrooms in schools.
A 2019 U.S. Senate report found, “[N]early 70 percent of U.S. schools that received more than $250,000 from Hanban failed to properly report that amount to the Department of Education.”
(“Hanban [the dictatorship’s propaganda agency] has been criticized for its Confucius Institute programs…. Hanban changed its name in July 2020 to the Centre for Language Education and Cooperation.”)
…the Senate’s report “described systemic problems in the institute’s language programs, saying they lack transparency, threaten academic freedom and give the Chinese government access to the U.S. education system that China does not extend to American programs.”
The LA Times reported the investigation found that “the Chinese government had provided about $158 million over the last 13 years to establish and run more than 100 Confucius Institutes in the United States, including seven in California, to promote the study of Mandarin and Chinese culture at universities and K-12 schools.”
Note: All Chinese companies and institutions are – according to law –subordinate to and under the ultimate control of the communist dictatorship.
“[a] Chinese state-owned securities conglomerate singled out Joe Biden for praise as a “rare candidate” who supports trade policies favorable to the country’s Communist government,” according to the Free Beacon.
See also: Homeland Security and Finance Committees [report] titled Hunter Biden, Burisma, and Corruption: The Impact on U.S. Government Policy and Related Concerns.
Lynn Desjardin
Portola