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To: JonPreston

The Bank of China is one of the four biggest state-owned commercial banks in China

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The Foremost Group is a privately held, family-run shipping company based in New York City,[1][2][3] with subsidiaries registered in the Marshall Islands... Foremost has had most of its ships built by China State Shipbuilding, some of them financed by loans from the state-owned Export-Import Bank of China. In 2015 it began construction of the first freighter jointly financed by banks in both the People’s Republic of China and Taiwan; It was founded in 1964 by Chinese-American immigrant James Si-Cheng Chao and his wife Ruth Mulan Chu Chao.

Its chair and CEO since 2008 is Angela Chao, the sixth daughter of the company’s founders; The company has come under scrutiny due to perceived conflicts of interest involving Elaine Chao - daughter of its founders and sister of its current CEO - and her husband Senate Majority Leader Mitch McConnell. Additional attention has related to Elaine Chao’s role as Secretary of Transportation - which regulates U.S.-registered cargo vessels - in the administration of President Donald Trump.[4][19][15][20] In 2020, the company received a forgivable loan valued between $350,000 and $1 million under the Paycheck Protection Program, designed to help small businesses that would be otherwise unable to remain solvent during the COVID-19 pandemic.

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The China State Shipbuilding Corporation (CSSC) is the largest shipbuilding conglomerate in the world. Headquartered in Beijing, the CSSC handles mostly shipbuilding activities in China.

From wiki


Just because someone is from Taiwan does nor mean they are not well connected to interests on the mainland; Chinese are typically conservative, but not politically. Mainland CCP fingerprints are all over the place with Mitch and Chou


21 posted on 12/16/2020 8:38:14 AM PST by PIF (They came for me and mine ... now its your turn)
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To: PIF

Great 👍 info on this thread, thanks 🙏🏻.


30 posted on 12/16/2020 9:03:40 AM PST by JonPreston ( Crash the whole corrupt thing down)
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