Neil Bush’s Chinese Firm Signed Agreement With Space Contractor Considered An Arm Of The Chinese Military
Neil Bush is co-chairman of a Chinese company that inked a deal last year with a Chinese aerospace giant that the Pentagon deemed last month to be an arm of the People’s Liberation Army.
Bush and his partner, Wang Tianyi, organized a symposium last year that featured guests with the Chinese aerospace company, Communist party officials and Russian space officials.
The U.S. government is increasingly concerned about China’s space efforts, as well as its burgeoning partnership with Moscow.
Neil Bush, a relative of two former presidents, is the co-chairman of a Beijing-based real estate firm that partnered last year with China’s main producer of space and military equipment, which the Pentagon recently deemed an arm of China’s military.
Bush and Wang Tianyi, his co-chairman at the real estate developer CIIC, organized a symposium in November that hosted Chinese and Russian space officials as well as managers from the China Aerospace Science and Technology Corporation (CASC), which produces China’s space equipment and much of its military arsenal.
CIIC signed a “strategic cooperation framework agreement” with CASC in May 2019 that included hosting the symposium, according to a brochure of the event.
“The two sides agreed to cooperate on organizing the 2019 symposium, the exchange of international space innovation technology, and promoting international space expo projects,” the brochure says.
While there is no indication that Bush has done anything improper, his work with CIIC and CASC comes amid increased scrutiny in the U.S. of China’s geopolitical endeavors.
Bush, who is a shareholder in CIIC, has drawn attention in the past over his business dealings in China.
In 2002, while his brother was in office, Bush signed a $400,000-per-year contract to advise China’s Grace Semiconductor Manufacturing Co., the Los Angeles Times reported. In 2009, he represented the China Petroleum & Chemical Corp., known as Sinopec, in a deal to buy a stake in an oil field in Ghana, according to The Wall Street Journal.
U.S. government officials and space analysts have expressed growing concerns about China’s space endeavors, as well as increased collaboration between Beijing and Moscow on their space programs.
The Defense Intelligence Agency warned in a report in January 2019 that “Chinese and Russian military doctrines indicate that they view space as important to modern warfare and view counterspace capabilities as a means to reduce U.S. and allied military effectiveness.”
https://dailycaller.com/2020/07/28/neil-bush-china-agreement-space/
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