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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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U.S. Commerce Department: Chinese firms are supplying Russian entities

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On Tuesday, the United States Commerce Department said several companies in China are supplying Russia’s military. The announcement was made alongside a “new round of blacklist restrictions for foreign firms aiding Moscow’s war against Ukraine” reports National Review.

“These entities have previously supplied items to Russian entities of concern before February 24, 2022 and continue to contract to supply Russian entity listed and sanctioned parties after Russia’s further invasion of Ukraine,” stated an official Commerce Department notice posted to the Federal Register.

“Commerce also blacklisted several Chinese companies and Chinese government research institutes for their work on naval-technology and supplying Iran with U.S. tech in a way that harms America’s national security” adds National Review.

Six companies that are helping further the Russian invasion are also based in Lithuania, Russia, the U.K., Uzbekistan, and Vietnam.

National Review reports:

The Commerce Department stopped short of blaming the Chinese government for the sanctions-evasion activity it identified today. Commerce secretary Gina Raimondo previously said that there doesn’t appear to be any “systemic efforts by China to go around our export controls.” The Biden administration has publicly and privately warned Beijing against supporting the Russian war, with White House officials even leaking to the press about an effort to present China’s ambassador in Washington with information about Russian troop movements ahead of the invasion.

While Beijing has not expressed outright support for the invasion, it has used its propaganda networks to back Moscow’s narrative. Meanwhile, top Chinese and Russian officials have moved to solidify the “no-limits” partnership they declared in early February. General secretary Xi Jinping and Vladimir Putin held a call this month, marking the construction of a new bridge between their two countries, during which they reiterated their support for the burgeoning geopolitical alignment.

National-security adviser Jake Sullivan said last month that the U.S. has no indications that Beijing has provided Russia with military equipment. A Finnish think tank, the Centre for Research on Energy and Clean Air, estimated on June 12 that Chinese imports of Russian oil since the outset of the conflict have amounted to $13 billion, making China the biggest consumer of the country’s oil exports. Previously, it was Germany. “While Germany cut back on purchases since the start of the war, China’s oil and gas imports from Russia rose in February and remained at a roughly constant level since,” the U.S.-China Economic and Security Review Commission noted.

Official advisor Anton Gerashchenko tweeted incredible video of Ukrainian soldiers sweeping through fields, writing “this is how our fields are de-mined so that farmers can harvest crops.”  On Monday a Russian missile struck a mall in Kremenchuk, Ukraine, where over 1,000 civilians were inside.

“Almost two dozen people were still missing Tuesday one day after a Russian airstrike struck a Ukrainian shopping mall and killed 18 civilians inside…On top of the 18 dead and 21 people missing, Ukrainian Interior Minster Denis Monastyrsky said 59 were injured. Several of the dead were burned beyond recognition” reported the New York Post.

 

 

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