Read, Secret Empires, it validates your comment!
The fact of the matter is that shipping business [owned by Senate Majority Leader Mitch McConnell’s wife, Secretary of Transportation Elaine Chao] has its ship purchases financed by the Chinese government, its ship constructions are built by the Chinese government, its crews are raised by the Chinese government, and most of its contracts are shipping goods from Chinese state-owned enterprises.”
“So if Mitch McConnell did something the Chinese didn’t like, they could destroy that family business.”
McConnell’s wife, Elaine Chao, is the daughter of shipping magnates James and Ruth Chao and the sister of Angela Chao, the latter of whom was appointed to a non-executive position on the Bank of China’s board of directors in 2016.
Aside from her position at the Bank of China, Angela Chao also serves as the CEO of Foremost, which is the Chao family’s billion-dollar maritime shipping empire. While Foremost is an ostensibly American company with offices located in New York City, Forbes noted that the company’s fleet of vessels “sail under flags registered in Liberia and Hong Kong, and the company does the vast majority of its business in Asia.”
Perhaps some of Foremost’s good fortune can be attributed to the several hundred million dollars’ worth of loans it is contracted to receive from the Chinese government, or the fact that James and Angela Chao, who describe themselves as Americans, have served on the board of the Chinese government-owned China State Shipbuilding corporation. China State Shipbuilding.
The New York Times noted in its 2019 report that the Bank of China, where Angela Chao serves as a non-executive director, is a top lender to China State Shipbuilding.
McConnell’s public refusal to help President Trump in the latter’s fight to restore election integrity could be influenced by the fact that President Trump’s pro-American, hardline stance towards trade with China may pose a threat to business interests close to McConnell.
I am 100% sure McConnell is dirty. Sucks up to whoever is in power apparently. Chao is from Taiwan, but her father has business connections with Red China.
Very interesting, all the dirty Rs are totally revealing themselves, which is a very good thing.