Friday, January 31, 2025

Joint US University Programs with China Escape Financial Reporting and scrutiny

Certainly concerning! How China exploits open societies!

Lessons from the The Art of War by Sun Tzu!

"Following last year’s reporting on DEI spending, federal money and foreign donations at elite private universities, Open the Books auditors have been taking a closer look at the finances of a sampling of public universities across the country.

Strikingly, these problems have spilled far beyond those elite Ivory Towers and out to some of the best state schools around the nation. ...

It’s a troubling comparison. Over the past decade, American institutions began pouring money into counterproductive, divisive DEI infrastructure. Meanwhile, China was spending to gain influence in American academia, accessing research and technology to advance their national interests. It happened under Uncle Sam’s radar, and Congress believes the spending continues unreported today – to the tune of hundreds of millions or billions! ...

UC Berkeley has accepted $790.8 million from foreign sources since 2013, including a staggering amount of Chinese funding.   

China sent $87.5 million to UC Berkeley, more than any other country. The figure doesn’t include $59.4 million from Hong Kong and $57.5 million from Taiwan, which are reported separately.    

The two largest Chinese contracts — worth $19 million and $15 million — were to help fund the Tsinghua-Berkeley Shenzhen Institute (TBSI), a partnership with Tsinghua University that has campuses at Berkeley and in Shenzhen, China.   ...

The Georgia Institute of Technology has accepted $162.8 million from foreign sources since 2013. 

China has spent at least $32.3M with the school in that time period, and at least $18.3 million worth of those contracts helped fund the Georgia Tech-Shenzhen Institute (GTSI). Like Berkeley’s, it’s another partnership with Tsinghua University that has campuses in Georgia and Shenzhen, China.  ..."

Joint University Programs with China Escape Financial Reporting "Unreported billions could be helping China access American STEM research, defense tech."

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