Elaine Chao was born in Taiwan but her father was born near Shanghai in China. Debatable whether allegiance is to China, Taiwan or US. Got very rich someway. So Peter Schweizer may be totally off.
IMHO...given the fact the Chinese play the long, generational game, the Chao’s may well be subverting Tiawan/USA...
James Chao was born before there was a Communist or a Nationalist China (now Taiwan), so I don't think you can hold being born in Shanghai against him. My Chinese sister-in-law says he fled with the Nationalists to Taiwan.
Much could have happened since, however. For example, most of his company's ships are built by the Communist Chinese. But then most of my tech stuff is, too.