FIRST ON FOX: A new book sounding the alarm about corruption in California spends a chapter focusing on Gov. Gavin Newsom’s history with a nonprofit organization that the authors say served as a major “gateway” for corrupt CCP-aligned corporations to flood into the state.
In their book, “Fool’s Gold: The Radicals, Con Artists, and Traitors Who Killed the California Dream and Now Threaten Us All,” authors Jedd McFatter and Susan Crabtree write extensively about Newsom’s relationship with the Chinese community in the Bay Area and his ties to CCP businesses.
The book explains that Newsom came into office as San Francisco’s mayor in 2004 after receiving strong support from Chinese voters, enough so that he celebrated his victory in Chinatown and the authors write that from an early point in his tenure he was ready to “go full steam ahead with Chinatown’s interests.”
One of those interests, according to Chapter 3 of the book, was a nonprofit organization initiative started by Newsom called ChinaSF that the book argues served as a gateway for CCP officials and Chinese criminals to exploit California.
CHINA’S BELT AND ROAD INITIATIVE PLAGUED BY CORRUPTION AND POLITICAL BACKLASH: REPORT
A new book raises questions about California Gov. Gavin Newsom’s ties to China. (Getty)
The book describes a Newsom trip to China, where he was hosted in a Shanghai “clubhouse” by Vincent Lo, a Chinese businessman with deep ties to the CCP.
“It was during this meeting that Newsom and Lo hatched a long-term plan to turn San Francisco into the premiere gateway through which Chinese companies could invest and expand their businesses in the United States,” the book says. “Upon his return from China, starry-eyed Gavin told his staff that he was going to set aside a couple of million dollars to set up a public-private partnership called ChinaSF that would open the floodgates to Chinese money and business like never before. It turns out the young mayor wasn’t just blowing smoke: three years later, Newsom and Lo joined forces in Shanghai to co‑launch ChinaSF.”
The book says that ChinaSF impacted the Bay Area arguably “more than any other” program that Newsom created as mayor and that the initiative hauled in almost $5.5 billion of economic impact to San Francisco from 2008 to 2018 while recruiting 108 Chinese companies into the city.
The book alleges that during this time period, ChinaSF “helped several corrupt Chinese corporations come to America.”
One of the…
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