By, Epoch Times
Dr. Anthony Fauci invested in the Chinese regime’s corporate “national champions,” large Chinese companies that advance Beijing’s interests and benefit from state policies, in a 2020 investment portfolio, according to recently disclosed financial records.
Sen. Roger Marshall (R-Kan.) obtained the records (pdf) and published them on Jan. 14, showing that Fauci had $10.4 million in investments, including holdings in several funds, at the end of 2020. One particular fund was named the Matthews Pacific Tiger Fund.
The fund invested 42.7 percent of its investors’ capital on companies based in Hong Kong and China, according to a fact sheet (pdf) published by the private investment firm Matthews Asia in September 2021. Those companies included Tencent Holdings, Alibaba Group Holdings, Hong Kong Exchange and Clearing Ltd., and WuXi Biologics Cayman.
The fund’s portfolio companies were initially reported by Breitbart.
Tencent Holdings, a Chinese technology and entertainment conglomerate based in the southern Chinese city of Shenzhen, is best known for being the owner of popular messaging app WeChat. The app has drawn scrutiny from the U.S. government over national security concerns.
Categories: Culture Wars/Current Controversies