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Husband of Biden’s Commerce Secretary is Top Executive at Firm Funded by Chinese Government

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Gina Raimondo
Gina Raimondo

Commerce Secretary Gina Raimondo has a conflict of interest. She must work with her agency to combat and counter China on the world stage, all while supporting her husband’s position as a top executive for an artificial intelligence company whose major venture capital firm investor Is backed by the Chinese government.

Danhua Capital is based in California and is financially backed by the Chinese Communist Party. They are also one of the main funders of PathAI, an artificial intelligence firm that employs Raimondo’s husband, Andy Moffit. Moffit acts as the chief people officer.

The Chinese firm lists PathAI as one of its featured “biotech and health” investments on its website, although it’s unclear how much specifically Danhua Capital has invested. According to a 2018 Reuters report on the firm, Danhua Capital was established and funded as part of the Chinese government’s “penetration of Silicon Valley.”

In 2018, the Center for a New American Security (CNAS) testified before Congress that Danhua Capital’s mission is to use capital to narrow the technology gap between China and the United States. The Washington Free Beacon reports that many staffers from CNAS, a liberal think tank, are now employed in the highest ranks of the Biden administration.

The Washington Free Beacon reports:

The Wall Street Journal reported on Friday that Raimondo’s agency was pushing back on efforts by others in the Biden administration to block Chinese technology firms from working with American companies. Commerce officials are arguing internally, according to the report, that the administration’s tougher approach to China would hurt U.S. companies.

Raimondo said on Thursday she would not urge U.S. companies to pull sponsorships from the upcoming Beijing Olympics after President Joe Biden announced a diplomatic boycott of the games over human rights abuses. “What individual companies do is entirely up to them,” Raimondo said. “We’re not going to pressure them one way or another.”

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6 Comments

6 Comments

  1. TellTheTruth-2

    December 15, 2021 at 9:55 am

    Sadly, because of Bill Clinton, the tentacles of the China Communist Party have a deep infiltration in the USA. Hopefully the MAGA movement wins in 2022 and 2024 and we can start to get the parasite called the China Communist Party OUT of the USA and destroy it economically.

  2. Michael Murphy

    December 15, 2021 at 9:58 am

    Seems the entire Democrat party and a few RINO’s are all connected to the Chinese.

  3. RedDog

    December 15, 2021 at 10:03 am

    Just goes to show you that the entire Biden administration is bought and paid for by the Chinese. All of these people are traitors and need to be dealt with….but there seems to be no one that has a spine anymore to do what is right. SAD!!

  4. Ric Reed

    December 15, 2021 at 10:08 am

    Beijing Joe is not just a bad dream.

    It’s a reality.

    Wake up America!!

  5. VE

    December 15, 2021 at 12:23 pm

    If she has any integrity she will resign. She cannot perform her duties of serving our nation when her husband has connections with a foreign government who does NOT have our best interests in mind.

  6. John Coe

    December 15, 2021 at 4:21 pm

    Thank you for this information. Most revealing. The hypocrisy of this administration is breathtaking.

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Elections

Report: Beijing’s military hacked U.S. nuclear firm before Hunter Biden aided Chinese bid to acquire it

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joe biden and hunter biden

A bombshell report by Just the News explains that “U.S. officials were acutely aware that Beijing was trying to obtain America’s premiere nuclear reactor technology, including through illicit hacking, months before Hunter Biden and his business partners sought to arrange a quiet sale of an iconic U.S. reactor company to a Chinese firm, according to court records and national security experts.”

Hunter Biden attempted to assist CEFC China Energy to acquire Westinghouse, one of America’s most famous electricity and appliance brands, as well as its state-the-art AP1000 nuclear reactor.

Hunter began his work with the Chinese company in early 2016 – while Joe Biden was the sitting Vice President – memos show. According to a copy of the indictment, just 20 months earlier, his father’s Justice Department charged five members of a Chinese military hacking unit for breaching the company’s computer systems in search of intellectual property and internal strategy communications.

Just the News reports:

In May 2014, the five operatives of the People’s Liberation Army’s Unit 61398 were charged with hacking into the systems of six U.S.-based companies across different industrial sectors, including Westinghouse Electric Co., SolarWorld, United States Steel Corp., and a union. The attorney general at the time, Eric Holder, called the breach a classic case of “economic espionage.”

One operative gained access to Westinghouse’s computers in 2010 and “stole proprietary and confidential technical and design specifications related to pipes, pipe supports, and pipe routing” pertaining to the company’s advanced AP1000 nuclear reactor design, according to an indictment filed by the Department of Justice.

“Among other things, such specifications would enable a competitor to build a plant similar to the AP1000 without incurring significant research and development costs associated with designing similar pipes, pipe supports, and pipe routing systems,” the indictment reads.

Just the News notes that while there is no evidence at the moment that Hunter Biden was aware of or involved in the hacking efforts by the Chinese, documents previously released by Congress in the Biden impeachment inquiry show Hunter Biden wrote in one text message in 2017 that he believed one of the CEFC officials he worked with, Patrick Ho, was the “f—ing spy chief” of China.

Ho was later indicted in the U.S. and charged with corruption. Joe Biden’s brother James told the FBI he believed CEFC Chairman Ye Jianming had a relationship with China’s communist president.

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