Investment Firm Backed By Top American Universities Partners With ‘Socialist’ China-Backed Fund

Contact Your Elected Officials
The National Pulse

Hillhouse Capital – a private equity firm funded by America’s top universities and is invested in companies including Zoom and Apple – struck a $1.5 billion deal with a Chinese Communist Party-owned investment fund.

Hillhouse Capital partnered with the “wholly state-owned” Hangzhou Capitol on a billion-dollar fund “to invest in sectors including artificial intelligence, semiconductors, and new energy vehicles,” according to Chinese state-run media outlet China Global Television Network (CGTN).

Hillhouse Capital, which was funded with $20 million in seed capital from the Yale University Endowment, is reported to be backed by America’s most prestigious universities. Following a Stanford University investment of $200 million in 2015, the fund was “investing money for at least six of the 10 wealthiest universities in the U.S.,” including Princeton and the Massachusetts Institute of Technology.

The Canada Pension Plan Investment Board (CPPIB) has also invested nearly $1 billion with the Beijing-based fund.

These investments are now being used, however, to contribute to the growth of the Chinese Communist Party.

A press release from Hangzhou Capital – which pledges to be “guided by Xi Jinping’s thoughts on socialism with Chinese characteristics in the new era” – reveals that its partnership with Hillhouse Capital is part of a broader Chinese regime-backed effort to turn the city into a “leading and exemplary benchmark for national advancement.”

“The implementation of the “National Digital Economy First City” strategy focuses on value investment to empower outstanding enterprise development, optimizes industrial layout and accelerates the cultivation of new kinetic energy, and creates new impetus for Hangzhou to become a model city ​​for high-quality development and construction of a common prosperity demonstration zone in Zhejiang Province,” the group adds. 

Hillhouse Capital’s partnership with a Chinese state-owned enterprise also calls into question its sizable investments in companies such as Zoom, Uber, Apple, TikTok parent company ByteDance.

Article Seven of China’s National Intelligence law stipulates that “any organization or citizen shall support, assist, and cooperate with state intelligence work according to law.”

By Natalie Winters

Read Original Article on TheNationalPulse.com

The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

The Sacred Honor of the 56

Today we're celebrating the sacred honor of the 56 men who signed the Declaration of Independence.

Alligator Alcatraz: A Bold Step Toward Secure Borders

Alligator Alcatraz funded through FEMA, represents a decisive move by the Trump admin to address illegal immigration with efficiency and resolve.

Is America Broke?

Silicon Valley investor and economic commentator Balaji Srinivasan made...

Hungary: Pride™ Cometh Before the Color Revolution

The EU engaged in a diplomatic siege of the Eastern European nation-state of Hungary pressuring it into embrace global trannyism or face wrath of Brussels.

Understanding the Trump/Musk Feud

The passion Trump and Musk exhibit over the OBBB is not contrived or for show. Each is addressing the problem from completely different approaches.

Noem Waives Environmental Restrictions to Fast-Track Water Barriers in Rio Grande

DHS Sec Kristi Noem waived federal environmental laws to fast-track construction of 17 miles of waterborne barriers in the Rio Grande in South Texas.

Federal Officials Warn of ‘Lone Wolf’ Terror Threats on July 4, NY Governor Says

NY Gov. Kathy Hochul confirmed that federal officials informed her about a possible terrorist threat ahead of the July 4 Independence Day holiday.

Record 1 in 5 Buyers of New Cars Committing to $1,000-Plus Monthly Payments: Edmunds

The share of new car buyers committing to make monthly payments of $1,000 or more hit an “all-time high” in the second quarter of 2025.

US Economy Adds 147,000 New Jobs, Unemployment Rate Dips to 4.1 Percent in June

The U.S. job market remained strong in June, as labor conditions continued to hold up amid economic uncertainty.

US Keeps Pressure on Chinese Goods Amid Vietnam Trade Deal

Transshipping—rerouting goods through a third country to disguise the origin of the products—is a focal point of trade negotiations with Asian markets.

White House Report Reveals Top Earners, Staffers Working for No Salary

The Trump admin released its yearly report that shows the salaries for White House staffers, also revealing officials who aren’t accepting salaries at all.

Transportation Secretary Urges Governors to Remove Political Messages From Crosswalks, Intersections

Duffy sent letters to governors, mayor of D.C., and gov of Puerto Rico urging them to remove political messaging from intersections and crosswalks.

Bessent: US, India Near Agreement to Lower Tariffs

The United States and India are “very close” to a trade agreement, Treasury Secretary Scott Bessent said on Tuesday.
spot_img

Related Articles