Husband Of Biden Cabinet Secretary Is Top Executive At Company Backed By China’s Communist Government: Report | Beaufort County Now | The husband of one of Democrat President Joe Biden’s cabinet secretaries is a top executive in an artificial intelligence company that is backed by China’s communist government.

Coronavirus Disease 2019 (COVID-19)
    Publisher's Note: This older, but yet to be published post is finally being presented now as an archivable history of the current events of these days that will become the real history of tomorrow.

Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Ryan Saavedra.

    The husband of one of Democrat President Joe Biden's cabinet secretaries is a top executive in an artificial intelligence company that is backed by China's communist government.

    "Danhua Capital, based in California but established with the financial backing of the Chinese Communist Party, is one of the main funders of PathAI, an artificial intelligence firm that employs [Commerce Secretary Gina] Raimondo's husband, Andy Moffit, as its chief people officer," the Washington Free Beacon reported. "A venture capital firm backed by the Chinese government is a major investor in an artificial intelligence company that counts Commerce Secretary Gina Raimondo's husband as a top executive, a potential conflict of interest as her agency works to counter China on the world stage."

    Reuters reported a few years ago that Danhua Capital was part of China's "penetration of Silicon Valley," noting that the communist government plays a very influential role "in the smaller venture firms they back by providing a greater percentage of their funding."

    Reuters reported:

    Danhua Capital, which is backed by the Zhongguancun Development Group, a state-owned enterprise funded by the Beijing municipal government, has holdings in some of the most sensitive technology sectors.

    Its investments include data management and security company Cohesity, which counts the U.S. Department of Energy and U.S. Air Force among its customers. Drone startup Flirtey, which in May was selected by the U.S. Department of Transportation to participate in projects to help the agency integrate drones safely into U.S. air space, is also part of the Danhua portfolio.


    The report said that Raimondo has emerged as one of "the most pro-China voices in the administration," noting her department provided a lifeline this year to China's Huawei, which is reportedly tied to China's genocide of religious minorities.

    Raimondo told The Wall Street Journal in an interview back in September that she wants to increase U.S. business ties with communist China, even though she acknowledged that Chinese policies harm American companies.

    The WSJ report said:

    Raimondo said she plans to lead delegations of U.S. chief executives overseas, including to China, to hunt for business and discuss longstanding trade issues, though nothing has yet been put on the calendar. ...

    Chinese economic policies disadvantage U.S. companies by subsidizing exports at below-market prices and winking at the theft of intellectual property, Ms. Raimondo said. Even so, she said the U.S. must trade with China given the size of its market.


    Matt Pottinger, who served in the Trump administration as the senior Asia adviser on the National Security Council and later as deputy national security adviser, and David Feith, who served in the Trump administration as U.S. deputy assistant secretary of state for East Asian and Pacific affairs, warned in a New York Times op-ed on Wednesday that China was dominating the world in the crucial domain of data.

    "The Biden administration has spoken about the importance of data in our competition with China. But no visible strategy has emerged," they wrote. "That threatens Americans' privacy, economic competitiveness, national security and future global standing. This will be a major test of America's China policy in 2022."

    The Daily Wire is one of America's fastest-growing conservative media companies and counter-cultural outlets for news, opinion, and entertainment. Get inside access to The Daily Wire by becoming a member.
Go Back

HbAD0

Latest Op-Ed & Politics

Clarence Thomas tells us what we need to be working toward
Politicians in Washington are growing increasingly nervous, as the CDC has announced they have discovered the first case of Lizardpox on American shores.
Treasury Secretary Janet Yellen said on Sunday that suspending gas taxes is “certainly worth considering” amid rising energy prices.
Australia reportedly will not send officials to the 2022 Winter Olympics in Beijing, China, in response to the communist nation’s genocide against religious minorities.
To what extent can a selective educational institution advantage certain racial groups in admissions decisions without discriminating against other groups simultaneously?
Treasury Secretary Janet Yellen on Sunday blamed global factors for Americans’ spiraling purchasing power and declared a recession is “not at all inevitable,” despite a growing consensus the U.S. could soon find out one is already underway.

HbAD1

With the price of food skyrocketing and the value of Bitcoin plummeting, McDonald's restaurants across the world have rolled out a new value menu in which all items cost only 1 Bitcoin.
Sen. Ted Cruz (R-TX) slammed President Joe Biden during a speech on the Senate floor Tuesday over the unfolding crisis in Ukraine. Tens of thousands of Russian soldiers have been amassing near its border in what experts warn might be a prelude to an invasion.
The North Carolina State Health Plan and the National Academy for State Health Policy Find that North Carolina's Dominant Hospital Systems Recorded Billions of Dollars in Profits After Taking Taxpayer-Funded COVID Relief
Governor Ron DeSantis (R-FL) got some unexpected praise late this week from media personality Bill Maher, who insisted that DeSantis would be better than former President Donald Trump.
Milestone Air Quality Legislation Paved Way for Significant Environmental and Clean Energy Efforts
White House Press Secretary Jen Psaki took a shot at Rep. Alexandria Ocasio-Cortez (D-NY) during Tuesday’s press briefing over remarks that Ocasio-Cortez made about organized retail theft incidents that have plagued several major Democrat-controlled cities in recent weeks.

HbAD2

The United States of America has edged closer and closer to the Leftist maxim of "Abortion on Demand" whenever it is demanded, by whomever demands it, but now that ease of operation to alleviate oneself of that nagging little problem has come to a screeching halt.

HbAD3

 
Back to Top