Author Topic: Report: UPenn Received Donations, Contracts from Sources Tied to Elitist CCP-Friendly Club That Land  (Read 199 times)

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Report: UPenn Received Donations, Contracts from Sources Tied to Elitist CCP-Friendly Club That Landed Alleged 2011 White House Meeting with Biden

Nick Gilbertson 17 May 2023

The University of Pennsylvania, home to the Penn Biden Center, has received contracts and donations from numerous individuals and entities either tied to an elitist Chinese club that landed an alleged off-the-books meeting with then-Vice President Joe Biden in 2011, Hunter Biden’s past business deals, or the Chinese Communist Party (CCP), according to a report.

The Fox News report — based on the University of Pennsylvania foreign donor disclosures obtained by the Americans for Public Trust (APT) — found that China and Hong Kong-based sources gave $75 million in what appears to be donations, “contracts,” and other “gift” categories during Biden’s presidential run. Moreover, the number climbs to $105 million when the time frame is expanded from 2018-2022, according to Fox News reporters Joe Schoffstall and Cameron Cawthorne.

In an emailed statement to Breitbart News, APT Executive Director Caitlin Sutherland said, “On the heels of learning that the Biden family received millions of dollars from foreign entities, this latest revelation raises further questions about the scope of President Biden’s ties to China.”

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https://www.breitbart.com/politics/2023/05/17/report-upenn-received-donations-contracts-sources-tied-elitist-ccp-friendly-club-landed-alleged-2011-white-house-meeting-biden/
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University Housing Biden Center Took Funds From Firm Controlled By China’s ‘Supreme Organ Of State Power,’ Docs Show


Philip Lenczycki
Investigative Reporter
May 18, 2023 2:47 PM ET

The University of Pennsylvania received over $500,000 from a company that serves as an investment arm of the Chinese Communist Party (CCP) after it opened Joe Biden’s think tank in 2018, according to the university’s foreign gift reporting records.

Between 2018 and 2020, China Everbright Group, a “state-owned financial conglomerate,” donated $523,840 to the University of Pennsylvania following the February 2018 launch of the Penn Biden Center for Diplomacy and Global Engagement, according to UPenn’s foreign gift reporting records. China Everbright Group was founded in 1983 with the backing of the State Council, which is composed by the heads of each Chinese government ministry and is China’s “supreme organ of state power,” according to the Chinese government.

Moreover, China Everbright Group also appears to have ties to Hunter Biden’s Chinese business ventures, according to multiple financial disclosures.

At the time of the donations, state-owned Central Huijin Investment Ltd. held a majority of China Everbright Group’s shares, according to Chinese state-owned bank records for 2018, 2019 and 2020.

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https://dailycaller.com/2023/05/18/university-biden-center-state-council-ufwd/
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“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
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