Biden Administration Deputy Secretary of State Shares an Interest with Tencent


Translated by MOS Education Xunchi

National Pulse has exclusively revealed that Deputy Secretary of State Wendy Sherman bought shares in a fund that invested in Tencent. The official responsible for handling foreign affairs has interests in the internet giant controlled by the Chinese Communist Party (CCP), raising concerns that the Biden Administration may be using public office for private gain and favoring the Chinese Communist Party regime. Financial disclosures show that on May 7, 2021, Sherman purchased up to $50,000 in shares of the Matthews Asia Dividend Fund, which lists Tencent as one of its top positions. The transaction came about a month after Sherman’s Senate confirmation for her critical role in the State Department. In a separate financial disclosure, Sherman bought up to $15,000 worth of additional shares in the fund on August 17 amid the disastrous Afghanistan withdrawal.

Tencent was flagged by the former U.S. government as a company with CCP military affiliation and placed on the priority watch list. Sherman’s trips to China subsidized by the Chinese Communist Party and her praise of Xi Jinping are believed to be potentially related to the benefits she received from the CCP.


Proofread and Edited by: Paratrooper
Posted by Paratrooper

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