Troubled Credit Suisse risk committee has CCP-linked members


Credit Suisse, which filed for bankruptcy last week, said on its website that it has CCP-related members on its board.

Shan Lee According to the bank’s website, A board member with long ties to the Chinese Communist Party (CCP), since 2019 he has held senior positions on the bank’s risk management team, Asian advisory board and remuneration committee.

Fox News reported Li’s ties to the Chinese Communist Party 17 March, b.Before UBS offered to buy the failed bank for $3.25 billion last weekend.

Li’s Credit Suisse biography highlights his extensive experience in Beijing-affiliated companies, including directorship of the Silk Road Financial Corporation, one of the biggest proponents of the CCP’s One Belt, One Road initiative campaign. – Rankings for positions in state-owned China Development Bank and Bank of China.

He is also known as a member of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, one of the key organizations in Beijing’s “United Front” overseas influence operation that promotes the CCP’s influence abroad. I’m here.

Links between Credit Suisse Directors and CCP Intelligence

According to Fox, a 2018 U.S. government report compiled by the U.S.-China Economic and Security Review Commission called the CPPCC a “key coordinating body,” operating many Chinese interest groups overseas and Managed by the Politburo Standing Committee of the CCP.News.

Under the leadership of “CPPCC, Advisory Committee” [CCP]”is the highest agency that oversees the United Front system,” wrote an independent federal agency.

“The United Front Strategy uses a variety of methods to influence overseas Chinese communities, foreign governments, and other actors to take action or adopt positions in favor of Beijing’s priority policies. To do.”

“Many public and semi-public entities, including the Chinese government and military organizations, operate overseas under the direction or funding of the United Front,” the report notes.

The CPPCC has long been accused of infiltrating many private and public institutions and affecting the American economy.

The CEO of Chinese-owned technology company Contemporary Amperex Technology Co. Ltd, which signed a deal with Ford Motor Company last month to manufacture batteries for electric vehicles, was exposed by Fox News as a member of CPPCC.

Influence of Beijing affiliated groups on White House energy policy

Fox News also revealed Energy Secretary Jennifer Granholm has been accused of having an informal meeting with Rocky Mountain Institute (RMI) CEO John Crates in June 2021.

The Biden administration, along with several Democratic governors, has pushed for a nationwide phase-out of gas-powered stoves and ovens after 2022.

RMI is working with the Chinese government to explore the transition away from traditional fossil fuels, and has its only office outside the United States in Beijing.

The institute is also a member of the China Clean Transportation Partnership, a foreign organization with strong ties to the Chinese Communist Party.

RMI has received millions of dollars from the Department of Energy, including a $4.4 million grant for a lab building in Cambridge, Massachusetts, in March 2022. Her members of staff have also been permitted to attend agency events on green transportation and sustainability.

The Natural Resources Defense Council (NRDC), a leading New York-based non-governmental organization that has had a significant impact on the White House’s green energy agenda, has deep ties to the Chinese government.reported by Fox News.

The NRDC has been working on mainland China’s climate policy since the mid-1990s, and several CCP officials have worked for the CCP or Beijing-backed institutions.

According to Fox, former NRDC President Gina McCarthy was Biden’s former climate change officer, and current President Manish Bapna is a regular visitor to the White House.

“Environmental groups like the NRDC’s relationship with China remains something we continue to monitor closely,” said a spokesman for House Natural Resources Committee Chairman Bruce Westerman, a Republican. He told Fox News in a statement last September.

A Republican congressman has suggested that the NRDC may be violating the Foreign Agents Registration Act (FARA).