Newsom’s ties to CCP under microscope in new book exposing alleged corruption
A new book titled “Fool’s Gold: The Radicals, Con Artists, and Traitors Who Killed the California Dream and Now Threaten Us All” has shed light on Governor Gavin Newsom’s ties to China and a nonprofit organization called ChinaSF. The authors, Jedd McFatter and Susan Crabtree, delve into Newsom’s history with the Chinese community in the Bay Area and his connections to CCP-aligned businesses.
According to the book, Newsom’s relationship with ChinaSF, which he initiated during his tenure as San Francisco’s mayor in 2004, served as a gateway for corrupt CCP officials and Chinese criminals to exploit California. The authors describe a trip Newsom took to China, where he met with Vincent Lo, a Chinese businessman with strong ties to the CCP. It was during this meeting that Newsom and Lo devised a plan to make San Francisco a premier gateway for Chinese companies to invest and expand their businesses in the United States.
ChinaSF, the book argues, had a significant impact on the Bay Area, bringing in almost $5.5 billion in economic impact and recruiting 108 Chinese companies to the city. However, the authors allege that the initiative also allowed corrupt Chinese corporations to enter the country. One such company mentioned in the book is Suntech, a Chinese solar company with ties to the CCP, which was personally recruited by Newsom.
The book also raises concerns about Newsom’s ties to other Chinese companies involved in biotechnology, pharmaceutical science, and real estate. It mentions Newsom’s connections to JOINN Laboratories, a biotech company with ties to China’s military, as well as his trademarking of wines in China and his association with Huawei, a controversial tech company identified as a national security threat by the U.S. government.
Furthermore, the book questions the lack of public accountability and transparency surrounding ChinaSF, which was initially described as a nonprofit but operated as a limited liability corporation. The authors argue that the organization facilitated the transfer of technology, property, and wealth to China while streamlining the establishment of Chinese businesses in the U.S.
In response to inquiries from Fox News Digital, Newsom’s office referred to an article about conspiracy theories, suggesting that the allegations in the book are unfounded. However, the authors maintain that Newsom’s ties to China and ChinaSF warrant further scrutiny, given the potential risks associated with the influx of Chinese businesses into California.
Overall, the book paints a picture of Newsom’s involvement with ChinaSF as a complex and potentially problematic endeavor, raising questions about the governor’s allegiances and the impact of his actions on the state. As the debate over China’s influence in the U.S. continues to escalate, the revelations in “Fool’s Gold” add another layer of complexity to the discussion surrounding foreign relations and economic partnerships.
