Chinese Firm Backed by Kerry Investments has Imports Seized by CBP
United States Customs and Border Protection has seized imports from a Chinese firm that is backed by investments from Climate Czar John Kerry.
According to The Washington Free Beacon:
U.S. Customs and Border Protection last week seized imports from a Chinese company backed by an investment group in which climate czar John Kerry holds a $1 million stake.
AdvertisementKerry and his wife are invested in Hillhouse China Value Fund L.P., part of the Hillhouse investment group that is a top shareholder in a Chinese solar panel company that works with companies known to be using forced labor. It was on that account that CBP seized the imports from LONGi Green Energy, citing a law that prohibits foreign imports produced through labor abuses.
The news could raise additional concerns about the Kerry family’s investment in Hillhouse China Value Fund L.P., which the climate envoy disclosed at the beginning of the year. Although Kerry divested from many of his energy-related holdings in March, the list of divestments did not include Hillhouse, according to a disclosure Kerry filed in March with the Office of Government Ethics. The investment has drawn scrutiny from Republican lawmakers and China experts, who accuse Kerry of downplaying and enabling China’s human rights abuses while trying to win concessions from Beijing on climate change.
The Hillhouse investment group, which is run by Zhang Lei, an adviser to the Chinese government, owns a 6 percent stake in LONGi. Hillhouse is also a top shareholder of YITU Technology, a company that was blacklisted by the U.S. Department of Commerce for allegedly aiding the Chinese government’s surveillance of Uyghurs.
Kerry’s tie to the firm is through a trust in which his wife is a beneficiary. He has no control over the investments.
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About The Author
Kerry has always BEEN A SCUMBAG….GETS RICH OFF OF TAXPAYERS
Their all so Fu*king dirty ! No wonder they were so desperate to Steele the election.. Trump was burning them down.. This administration is so Corrupt and Dirty.. Very embarrassing for every American.. These Jokers have no business representing America
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Not really new, the Dem Party has been in bed for years with the CCP. One must remember “Laws Don’t Apply to Them” If the financial records or Pelosi, and the others, where ever exposed, the people would be screaming Hang them High. LOL Just look at the Biden Crime Family, with “good old Joe”, as the God Father. Bernie, is a wealthy Marxist Senator. I was raised in NYC, these people are the same as the Mafia. That was a long time ago.
The truth REALLY DOES expose strange bed fellows :^)
Throw him in jail. He is a traitor
More evidence the “Green New Deal” is just a scam to enrich government officials colluding with china to help china’s solar industry at the expense of the USA and human rights.