How Did a CCP Controlled, Military Linked, Dishonest Company Get U.S. Approval?
After you see the facts presented, you will most likely come to a different conclusion than the Biden administration
source: Inconvenient Truths by Jennifer Zeng - Jennifer has been working in the media industry as a journalist, editor, news producer, news director, and columnist for more than two decades.. Ms. Zeng is a member of the International Press Association. "Inconvenient Truths by Jennifer Zeng" aims at offering authentic, fastest, uncensored first-hand info from inside China, as well as unique in-depth analysis & insights about China's current affairs & politics by Jennifer Zeng, who was once researcher at the Development Research Center of the State Council of the People's Republic of China, the highest level governmental policy research & consultant body.
On June 13th (2023), the Biden administration approved the controversial plan of China's Gotion High-Tech to build a large EV battery factory in Michigan.
The project has an investment of $2.4 billion, and Gotion will receive a grant of $175 million from American taxpayers, along with a 30-year, $540 million tax incentive.
There are two main reasons why this project sparked controversy: whether Gotion poses a threat to US national security and its impact on the local environment.
The approval indicates that the Biden administration believes it does not pose a national security threat.
In today's episode, I will present three key facts:
Gotion has a military background
Although Volkswagen is the largest shareholder of Gotion, the actual control remains in the hands of its Chairman and CCP Party Committee Secretary Li Zhen
Gotion has been punished by the China Securities Regulatory Commission for misconduct and dishonesty
After you have seen the facts I present, I believe you will come to a different conclusion than the Biden administration.
In the above episode, we discussed the military background of Gotion High-Tech, which recently obtained approval from the US government to invest in and establish an EV battery plant in the United States.
We highlighted that the Chairman of Gotion also serves as the CCP Party Secretary and the company's strongest argument for obtaining the US government's approval lies in its top shareholder, Volkswagen.
This indicates that Gotion is not a 100% Chinese-owned enterprise.
OUR NOTE: EVERY company, enterprise, or entity (legal or person whether domestic or foreign) that has any relationship with the Chinese government MUST have CCP actors in their midst performing both business as well as government reporting. No one and nothing escapes their attention for very long…
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