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Chinese contributors to the university that houses the Biden research center have connections to both Hunter's business dealings and the Chinese Communist Party, according to an exclusive report.

Chinese contributors to the university that houses the Biden research center have connections to both Hunter's business dealings and the Chinese Communist Party, according to an exclusive report.

Chinese contributors to the university that houses the Biden research center have connections to both Hunter's business dealings and the Chinese Communist Party, according to an exclusive report.

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Earlier this year, it was revealed that classified documents were found in the office of the Penn Biden Center for Diplomacy and Global Engagement in Washington, D.C. This caused controversy and raised concerns about anonymous donations from China to the University of Pennsylvania, where the Biden Center is located.
It was previously understood that China had donated tens of millions of dollars since 2017, but the identities of a significant number of these donors were not clear.
Fox News Digital has recently obtained records from Americans for Public Trust that reveal the identities of several Chinese contributors who had previously not been reported. These contributors had donated six-figure amounts to the university.
The records indicate that the amount of money coming from China is much higher than what was previously disclosed or documented.
In addition, certain Chinese contributors have connections to past business transactions involving Hunter Biden, while others are associated with the Chinese Communist Party.
Caitlin Sutherland, the executive director of Americans for Public Trust, expressed concerns about the extent of President Biden's connections to China following the recent revelation that the Biden family received millions of dollars from foreign entities. Sutherland also pointed out that the University of Pennsylvania, where Joe Biden's think tank is located, received a significant increase in contributions from China and Hong Kong during his presidential campaign and has continued to receive millions from donors with ties to the Chinese Communist Party since he took office. The situation surrounding the Penn Biden Center and its relationship with China remains a mystery.
The American people deserve to know the extent of the President's financial ties to foreign nationals that are harming the country's security and economy. Records show that Chinese donations to UPenn amounted to at least $105 million between mid-2018 and mid-2022, which is almost twice the previously reported amount.
During Biden's presidential campaign, UPenn received a significant increase in funding from China and Hong Kong, amounting to nearly $75 million.
The donations acquired by Americans for Public Trust in Pennsylvania reveal that there were foreign contributions amounting to $100,000 or higher.
The organization has received donations from Chinese sources, including a company and an individual who have connections to previous business dealings involving Hunter Biden. These connections include being a major investor and a member of the board of a company that secured a deal with the help of an investment company associated with Hunter.
In 2019, UPenn received a gift donation of $1 million from Cathay Fortune, a private equity firm that previously held a controlling stake in China Molybdenum, which is now known as CMOC Group Limited.
In 2016, China Molybdenum acquired a cobalt mine in the Democratic Republic of the Congo with the assistance of Bohai Harvest RTS (Shanghai) Equity Investment Fund Management Company, also known as BHR.
According to a previous report by the New York Times, Hunter Biden, along with two other Americans and Chinese associates, established BHR in 2013.
Hunter and other Americans held a 30% ownership stake in the company and were members of its board. Classified documents revealing foreign donations to UPenn for fiscal year 2022 were discovered by Joe Schoffstall on Scribd, where several top White House officials had previously worked for Biden's think tank. The Wall Street Journal reported that Hunter owned 10% of BHR in 2020, but his lawyer stated in 2021 that he had sold his shares.
Earlier, it was reported by Fox News Digital that President Biden had written a letter of recommendation for the son of Jonathan Little, who is the CEO of BHR. Additionally, it has been revealed through records that Gerry Wang, a board member of CMOC, gave $100,000 to the university in 2020.
According to the website of CMOC, Wang is a resident of Hong Kong who holds Canadian citizenship and is a part of UPenn's Asia Campaign Leadership committee.
Millions have been urged to donate to the university by individuals who have previously had meetings with President Biden at the White House.
According to a previous report by Breitbart, in 2011, a gathering of Chinese business leaders known as the China Entrepreneur Club had a meeting with then-Vice President Biden, which was arranged by Devon Archer, a business associate of Hunter Biden.
During the meeting, Ma Weihua, who is the CEO of China Merchant Bank, was included as a member of the China Entrepreneur Club.
There are ten questions that remain unanswered regarding the classified documents of Biden. The fiscal year 2021 UPenn foreign donations, which include a donation of over $5.5 million from China Merchant Bank in 2018 and 2019, can be found in the provided Scribd document.
The bank has been identified as a "strategic partner" by UPenn's Wharton School of Business, and the vice dean of Wharton's Global Initiative has referred to the bank as a "long-standing partner," as reported by China Daily. The China Entrepreneur Club membership lists reveal that Feng Deng, the managing director of Northern Light Venture Capital, and Charles Chao, the chief executive officer and chairman of SINA Corporation, were associated with the group.
In 2019, Deng donated $630,000 to UPenn, while the E-House, which was co-chaired by Chao, provided more than $6.2 million to UPenn from 2012 to 2016.
According to Stephen MacCarthy, who is the vice president for university communications at UPenn, there were no anonymous contributions of foreign funds and no foreign funds were allocated to the Penn Biden Center. This statement was made to Fox News Digital.
According to the statement, Penn complied with the regulations by reporting all foreign donations, which have been accessible to the public on the Department of Education website for a while. However, the Department of Education ceased disclosing the names of foreign university contributors towards the end of 2020.
Previously, the gifts were given by individuals who donated $250,000 or more, but the new records reveal donors who were not previously included in the database. The list of donors also includes individuals with connections to the Chinese Communist Party. A story about classified documents related to Biden has gained attention on social media. The University of Pennsylvania received at least $14.5 million in donations from Hopson Education Charitable Funds Limited (HECFL) between 2019 and 2020, while Joe Biden was campaigning for President.
The Chinese Communist Party (CCP) has connections with Chu Mang Yee, a wealthy real estate mogul who owned 100% of HECFL and is worth billions of dollars.
According to the 2013 annual report of Hopson Development Holdings Limited, Yee was identified as a member of the National Committee of the Chinese People's Political Consultative Conference (CPPCC), which is considered a significant platform for political consultation and multi-party cooperation under the leadership of the CCP, as per the CPPCC website. Yee also possesses a 13.06% stake in a subsidiary of China General Technology (Group) Holding Co., Ltd, a state-owned healthcare company that is directly supervised by the central government, according to their website. Additionally, Tao Zhang, the former co-chairman and co-CEO of Chinese tech giant Meituan-Dianping, donated over $3 million to UPenn between 2020 and 2022, as per donation records.
In late 2020, Meituan-Dianping changed its name to Meituan and is closely connected to the Chinese Communist Party. It has several shareholders with links to the CCP, such as Tencent and Alibaba, which have caused controversy.
The document titled "UPenn foreign donations for fiscal year 2019" by JoeSchoffstall is available to view on Scribd. According to China Daily, a media outlet owned by the Chinese government, Meituan-Dianping adopted the Communist Party of China's party-building system in 2016 and created a mobile app that offers various party-building courses.
According to Xu Weixin, a former vice-president of the CCP's Party School, private companies in China can benefit greatly from engaging in party building activities. He stated that those companies that are active in such activities tend to achieve better operational outcomes. In 2022, Ma Jianrong, the CEO of Shenzhou International and a Chinese billionaire, donated a minimum of $500,000 to UPenn.
Jianrong, who is a member of the Chinese Communist Party and holds a position in the Zhejiang Provincial People's Congress, was mentioned in a 2017 article by the New York Times. Shenzhou International was criticized by KnowTheChain, a nonprofit organization, for not providing enough information about its forced labor policies and practices compared to other companies. In a 2020 interview with China's state-run Global Times, Jianrong stated that they value cultural and social customs.
Foreign expansion can only be successful if local workers are united. Our foreign employees have been treated well and there have been no strikes or conflicts since we started investing overseas 15 years ago. We are careful to provide detailed information about China's economic development to our foreign partners.
In 2020, Ge Li, a wealthy Chinese individual who established the pharmaceutical company WuXi AppTec, donated a minimum of $2 million to UPenn, making him a significant contributor.
WuXi AppTec, also known as Yaoming Kangde, is said to have employed a large number of members of the Chinese Communist Party (CCP) as a result of the party's influence on the company.
Li himself has expressed his endorsement for the party's impact on his organization.
Wu Xueliang, who has contributed more than $100K through five donations made from November 2021 to May 2022, is associated with CPPCC.
He was given the position of director for the Social Legal System and Ethnic Religion Committee of the 13th Zhongshan Municipal Committee of the Chinese People's Political Consultative Conference in the previous year.
After stepping down as Vice President during Barack Obama's presidency in January 2017, Biden assumed an honorary role as the "Benjamin Franklin Presidential Practice Professor" at the University of Pennsylvania. Additionally, the "Penn Biden Center for Diplomacy and Global Engagement" was established in Washington, D.C. the following year.
Conversations regarding the elder Biden's continued participation with Penn had been ongoing well before the conclusion of the Obama administration, as confirmed by emails retrieved from Hunter Biden's controversial discarded laptop and authenticated by Fox News Digital.
In April 2016, Craig Gering, an agent from Creative Artists Agency (CAA), sent Hunter confidential notes from their meeting. These notes contained discussed plans for the vice president after leaving office.
One of the plans mentioned "creating wealth" without any additional details, while another seemed to refer to the Penn Biden Center in Washington, D.C. and potentially offered a job to Hunter.
To obtain the Fox News app, click on the provided link. Joe Biden concluded his tenure as vice president in January.
According to Philadelphia magazine's 2019 report, the individual started working as a professor at Penn just four weeks after January 20, 2017, and earned a total of $776,527 in 2017 and 2018. This amount was almost twice the salary of full-time professors at Penn during the same period.
The mission statement of the Penn Biden Center states that it was established with the belief that an interconnected, democratic, secure, and tolerant world is advantageous for all Americans. The center aims to carry on Biden's efforts to protect and promote a liberal international order, thereby ensuring American global leadership.
According to a previous report by Fox News Digital, the Biden administration has appointed at least ten high-ranking officials who had previously worked at the Penn Biden Center, including Antony Blinken, who is currently serving as Secretary of State, Colin Kahl, who is the Under Secretary of Defense for Policy, and Steven Richetti, who is a counselor at the White House.
Blinken and Richetti held positions as managing directors, while Kahl worked as a strategic consultant at the center.