{"id":2047499,"date":"2023-09-28T00:11:02","date_gmt":"2023-09-28T04:11:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-based-company-owns-florida-private-schools-cut-off-by-desantis\/"},"modified":"2023-09-28T00:14:42","modified_gmt":"2023-09-28T04:14:42","slug":"chinese-based-company-owns-florida-private-schools-cut-off-by-desantis","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-based-company-owns-florida-private-schools-cut-off-by-desantis\/","title":{"rendered":"Florida private schools, disconnected by DeSantis, now under Chinese ownership."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/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%2Fchinese-based-company-owns-florida-private-schools-cut-off-by-desantis%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=2047499&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--><blockquote>\n<h2>Chinese-Owned Investment Company Violates Florida Law, \u2064Jeopardizing Scholarships for\u200b Four \u200dPrivate Schools<\/h2>\n<p>Four private schools in Florida, which <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/chinese-based-company-owns-florida-private-schools-cut-off-by-desantis\/\" title=\"Florida private schools, disconnected by DeSantis, now under Chinese ownership.\">recently \u2062lost <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/this-back-to-school-season-celebrate-the-boom-of-educational-choice\/\" title=\"Celebrate the educational choice boom this Back-To-School season.\">state-funded scholarships<\/a><\/a>, are owned by a mega-sized investment\u200c company based in China. This ownership violates a law signed by \u200cGov. Ron DeSantis, which \u200dprohibits schools from partnering with foreign countries of concern,\u200c including the Chinese Communist Party. State Education Commissioner Manny\u200b Diaz revealed \u200cthis information in an \u2064interview with The\u200b Epoch Times.<\/p>\n<p>The four \u2062schools\u200c affected are Lower and\u2063 Upper Sagemont Preparatory \u200dSchools in Broward County, and Parke House Academy and Park Maitland\u200c School in Winter Park. All of these schools are \u2063owned by the Spring Education Group, which \u2064is\u200c controlled \u200cby Primavera Capital Group, an <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-major-crypto-lender-celsius-went-from-25-billion-to-167-million\/\" title=\"How Major Crypto Lender \"Celsius\" Went From  Billion to 7 Million\">investment firm based<\/a>\u200c in China.<\/p>\n<h3>Related Stories<\/h3>\n<ul>\n<li><a href=\"http:\/\/www.theepochtimes.com\/us\/desantis-suspends-school-choice-at-4-florida-schools-with-ccp-ties-5497057?ea_src=author_manual&#038;ea_med=related_stories\"><strong>DeSantis Suspends School Choice at \u20624 Florida Schools With CCP Ties<\/strong><\/a>  \u200d &#8211; 9\/22\/2023<\/li>\n<li><a href=\"http:\/\/www.theepochtimes.com\/china\/desantis-signs-bills-fighting-chinese-communist-party-influence-in-florida-5250766?ea_src=author_manual&#038;ea_med=related_stories\"><strong>DeSantis Signs Bills Fighting\u200c Chinese Communist Party\u200b Influence in Florida<\/strong><\/a>  &#8211; 5\/8\/2023<\/li>\n<\/ul>\n<p>Spring Education\u2063 Group \u200dhas acquired over 200\u200d schools across the country, making this acquisition of\u200d private schools by \u200ca holding company quite intriguing. State Education Commissioner Manny Diaz expressed curiosity about the motives behind this investment.<\/p>\n<p>While the investigation is ongoing, the Department \u2062of Education has suspended school choice scholarships for the four\u2063 schools \u200cdue to their\u2063 direct ties to \u2063the Chinese\u200c Communist Party. Gov. DeSantis emphasized that the safety and well-being\u2063 of students \u200dand the public are at stake.<\/p>\n<p>Despite the disruption caused\u200c by this decision, affected students and their families will retain their scholarships and have the option to enroll in other eligible schools. The schools in question have 15 days to respond to the administrative complaint and can appeal the decision.<\/p>\n<p>It remains to be seen how the \u2064schools will address this issue, but \u2064a change in ownership could potentially resolve the problem.\u2062 The Epoch Times reached out to the schools for comment, and they\u200b expressed their commitment \u2064to \u2062providing outstanding \u2062education and\u200c ensuring the enrollment of their students.<\/p>\n<h2>School Purchases Alarm Parents<\/h2>\n<p>Spring Education Group&#8217;s parent\u200d company, Primavera \u200dCapital\u200d Group, has \u200ca history of investing in \u2064educational\u200b assets. Their acquisitions have sparked concerns among parents in \u200dthe past, particularly regarding\u2063 privacy and the association of schools with foreign entities.<\/p>\n<p>Primavera Capital Group, based in Hong Kong, is one of the largest \u200dprivate equity firms in\u200b Asia. Their\u200d portfolio primarily consists of \u2064Chinese firms, and they focus on investment \u2063themes such as consumption upgrade, service orientation, technological innovation, and decarbonization.<\/p>\n<p>While the investigation continues,\u2063 the state of Florida \u200cremains \u2063committed to protecting its students from foreign influence and ensuring that taxpayer \u2064dollars do not support schools connected to foreign adversaries.<\/p>\n<\/blockquote>\n<p> <\/p>\n<h2> What\u200c are \u200dthe\u200d implications of the Spring Education Group, which owns the affected schools, being controlled by a Chinese investment\u2063 firm, on\u200b the scholarships\u2062 and potential foreign influence in shaping the education system in Florida<\/h2>\n<p><span>  R 150 schools in\u2063 the United States and has become one of the largest operators of private schools in \u2063the country. However, \u200ctheir ownership by a Chinese investment firm has raised concerns regarding potential foreign influence in the education system.<\/p>\n<p>Governor Ron DeSantis signed the law prohibiting partnerships between schools and foreign countries of concern, including the \u200dChinese Communist Party, in order to safeguard the integrity and security of the education system in Florida. This \u2062law was a response to growing concerns over foreign countries&#8217; influence and\u2063 espionage activities in American institutions.<\/p>\n<p>State Education Commissioner Manny Diaz revealed in an interview with The Epoch Times that the Spring Education Group, which owns the four affected schools, is controlled by Primavera Capital Group, an investment firm based in China. As a result, these \u200bschools \u2062are in\u200d violation of the law, and their state-funded scholarships have been revoked.<\/p>\n<p>The four schools impacted by this violation are Lower and Upper \u2064Sagemont Preparatory Schools in Broward County, as well as Parke House Academy \u200band Park Maitland\u200b School in Winter Park. These schools will now have to find alternative means to \u200dfund scholarships for their students.<\/p>\n<p>The revocation of \u200dthese scholarships not only affects the students and their families, but also raises concerns about\u2064 the potential influence of foreign entities \u200cin shaping the education system in Florida. Education is a vital aspect of national security, and allowing foreign-controlled entities to operate \u200cschools raises questions about the security and integrity of our education system.<\/p>\n<p>Governor DeSantis has taken numerous steps to combat \u2064foreign influence in Florida, including signing bills to fight Chinese Communist\u200b Party influence and\u200b suspending school choice at schools with ties to the CCP. These actions \u200bhighlight\u200c the state&#8217;s commitment to protecting its education system from <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/desantis-signs-bills-combatting-chinese-communist-partys-influence-in-us\/\" title=\"DeSantis Signs Bills Combatting Chinese Communist Party\u2019s Influence In US\">undue foreign influence<\/a> and securing the \u200cfuture of its students.<\/p>\n<p>It remains to be seen how this violation will be addressed and what further \u200csteps will\u200d be taken to ensure the integrity of the education system in Florida. The case of\u200c the\u2062 Spring Education \u200bGroup raises important questions about foreign ownership \u200cof educational institutions and\u2062 the potential risks\u2064 associated with it. It serves as a reminder of the need for transparency and vigilance in safeguarding our education system and protecting the interests of our students and their families.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Four Florida private schools, which recently lost state-funded scholarships, are owned by a Chinese investment company. This ownership contradicts a law signed by Gov. Ron DeSantis on May 8, prohibiting schools from engaging with foreign countries of concern, including the Chinese Communist Party.<\/p>\n","protected":false},"author":1117,"featured_media":2047500,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[543],"tags":[],"class_list":["post-2047499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-epoch-times"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2047499","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\/1117"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2047499"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2047499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2047500"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2047499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2047499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2047499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}