{"id":1273061,"date":"2022-02-05T05:07:56","date_gmt":"2022-02-05T10:07:56","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1273061"},"modified":"2022-02-05T05:08:12","modified_gmt":"2022-02-05T10:08:12","slug":"tough-on-china-dem-senate-candidate-invested-in-chinese-companies-linked-to-state-surveillance","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tough-on-china-dem-senate-candidate-invested-in-chinese-companies-linked-to-state-surveillance\/","title":{"rendered":"Tough-on-China Dem Senate Candidate Invested in Chinese Companies Linked to State Surveillance"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">24<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftough-on-china-dem-senate-candidate-invested-in-chinese-companies-linked-to-state-surveillance%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1273061&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div>\n\t\t\t<span class=\"article-category\"><a class=\"\" href=\"https:\/\/freebeacon.com\/elections\/\">Elections<\/a><\/span><\/p>\n<p class=\"article-excerpt\">Alex Lasry sold off $100-200K in Chinese companies linked to espionage but is mum on stock holdings linked to Uyghur slave labor<\/p>\n<figure class=\"post-thumbnail-container relative lg:mr-24 w-full my-4 mb-8\">\n\t\t<img loading=\"lazy\" decoding=\"async\" width=\"736\" height=\"411\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/02\/Screen-Shot-2021-01-29-at-4.21.38-PM-736x411-1.png\" class=\"w-full lazyload blur-up wp-post-image\" alt=\"\" srcset=\"denied:data:image\/gif;base64, R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" data-srcset=\"https:\/\/freebeacon.com\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-29-at-4.21.38-PM-e1644001942898.png 736w, https:\/\/freebeacon.com\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-29-at-4.21.38-PM-300x167.png 300w, https:\/\/freebeacon.com\/wp-content\/uploads\/2021\/01\/Screen-Shot-2021-01-29-at-4.21.38-PM-768x428.png 768w\" data-sizes=\"auto\" \/><figcaption class=\"absolute text-white p-4 w-full text-right text-xs bottom-0 bg-black opacity-75\">\n\t\t\t\tAlex Lasry \/ YouTube\t\t\t<\/figcaption><\/figure>\n<p>\t\t\t<span class=\"text-gray text-xs md:text-lg\"><a href=\"https:\/\/freebeacon.com\/author\/alana-goodman\/\" title=\"Posts by Alana Goodman\" class=\"author url fn text-red-700\" rel=\"author\">Alana Goodman<\/a> \u2022 February 5, 2022 5:00 am<\/span><\/p><\/div>\n<div>\n<p>A Democratic Senate candidate quietly unloaded at least $100,000 in stocks in two controversial Chinese tech giants around the same time he pivoted to a tough-on-Beijing stance on the campaign trail\u2014but is declining to say whether he sold his stakes in other companies linked to Chinese forced labor.<\/p>\n<p>Wisconsin Senate candidate Alex Lasry held between $100,000 and $200,000 in corporate securities stock in tech companies Tencent and Alibaba, according to his most recent financial disclosure report in August. The U.S. government has accused both companies of aiding the Chinese military. Lasry also disclosed investments in Inditex and Seagate Technology, which have been accused of profiting off forced labor in Xinjiang, and Chindata, a company that has been active in China\u2019s Belt and Road Initiative\u2014a global infrastructure program that U.S. officials have decried as a national security risk.<\/p>\n<p>The stock sales took place as Lasry has worked to shake off allegations from Republicans that he and his family have profited from business with China. They also coincided with his campaign&#8217;s rebranding effort. In January, Lasry launched a $1 million campaign advertising blitz in which he promised to &#8220;stand up to China&#8221; and focus on supporting American businesses. But his investments in additional companies tied to human rights abuses could undercut his rebranding efforts.<\/p>\n<p>A spokesman for Lasry told the <em>Washington Free Beacon<\/em> that the candidate sold off the Alibaba and Tencent stocks &#8220;months ago.&#8221; The spokesman did not respond when asked if Lasry has also divested from Inditex, Seagate, and Chindata.<\/p>\n<p>French prosecutors have been&nbsp;<a href=\"https:\/\/www.nytimes.com\/2021\/07\/02\/fashion\/xinjiang-forced-labor-Zara-Uniqlo-Sketchers.html\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.nytimes.com\/2021\/07\/02\/fashion\/xinjiang-forced-labor-Zara-Uniqlo-Sketchers.html&amp;source=gmail&amp;ust=1644087561005000&amp;usg=AOvVaw3AwxOlyWn1i8AlFy8LZKOk\">investigating<\/a> Inditex, a Spanish fast fashion brand that owns Zara, over allegations that it knowingly profited from Uyghur forced labor in the cotton industry. Seagate Technology also came under fire after the <em>Wall Street Journal<\/em> <a href=\"https:\/\/www.wsj.com\/articles\/u-s-tech-companies-prop-up-chinas-vast-surveillance-network-11574786846\" target=\"_blank\" rel=\"noopener\">reported<\/a> that it sold hard drives to Hangzhou Hikvision Digital Technology Co. Ltd. The United States blacklisted Hikvision for selling surveillance products that the Chinese government reportedly uses against dissidents and Uyghurs.<\/p>\n<p>Lasry also disclosed an investment in Chindata, a Chinese data center company. Chindata has&nbsp;<a href=\"https:\/\/www.prnewswire.com\/news-releases\/chindata-group-accelerates-its-strategic-footprint-in-the-rcep-related-region-for-advancing-belt-and-road-initiative-cooperation-301272330.html\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/www.prnewswire.com\/news-releases\/chindata-group-accelerates-its-strategic-footprint-in-the-rcep-related-region-for-advancing-belt-and-road-initiative-cooperation-301272330.html&amp;source=gmail&amp;ust=1644087561005000&amp;usg=AOvVaw1EeEFp1DV9IwK0rumIheUz\">touted<\/a> its support and assistance for China\u2019s Belt and Road Initiative, a massive international infrastructure project and the centerpiece of China\u2019s economic and military expansionism.<\/p>\n<p>Lasry has struggled against perceptions that he is soft on China since launching his campaign last year. His father, billionaire hedge-funder Marc Lasry, has been an advocate for investment opportunities in China, telling a business forum in May that &#8220;now is a great time to be investing in China&#8221; and praising the country\u2019s economic growth as &#8220;through the roof.&#8221;<\/p>\n<p>Lasry\u2019s critics have highlighted his position as a senior vice president at the Milwaukee Bucks\u2014the basketball team owned by his father\u2014noting that the NBA has extensive financial interests in China.<\/p>\n<p>During a lengthy interview with <em>Jewish Insider<\/em>, Lasry &#8220;was somewhat reticent while discussing the NBA\u2019s highly profitable business relationship with China&#8221; and &#8220;seemed eager to sidestep the matter,&#8221; the outlet&nbsp;<a href=\"https:\/\/jewishinsider.com\/2021\/12\/alex-lasry-wisconsin-senate\/\" target=\"_blank\" rel=\"noopener\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=https:\/\/jewishinsider.com\/2021\/12\/alex-lasry-wisconsin-senate\/&amp;source=gmail&amp;ust=1644087561005000&amp;usg=AOvVaw2ERA6iSTse_GAGGxItv3ns\">reported<\/a>.<\/p>\n<p>The Wisconsin Senate race is expected to be one of the most competitive of the 2022 cycle, with Democrats hoping to unseat GOP incumbent Ron Johnson.<\/p>\n<p>Lasry, who has already pumped $2.3 million into his own campaign, is seen as one of several frontrunners for the Democratic nomination. The crowded primary field also includes sitting Wisconsin lieutenant governor Mandela Barnes and state treasurer Sarah Godlewski.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Elections Alex Lasry sold off $100-200K in Chinese companies linked to espionage but is mum on stock holdings linked to Uyghur slave labor  Alex Lasry \/ &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1273061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1273061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1273061"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1273061\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1273061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1273061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1273061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}