China a major investor in World View
It appears that one of the major financial backers of the Arizona-based high-altitude balloon company World View is a Chinese investment company with close ties to the Chinese Communist Party.
World View’s long-time investors include Tencent Holdings, a Chinese tech company that operates the WeChat messaging and social media service that is among the world’s largest. And like other tech companies in China, it has close working ties to the ruling Communist Party in Beijing. Tencent has sought to expand its relations with American tech firms, a move that has raised national security concerns that the Chinese government could be surreptitiously gathering information using American technology.
Hartman [World View CEO] said that isn’t happening, noting the Pentagon’s Defense Counterintelligence Security Agency examined the company last year to ensure its work was secure from foreign interference. The agency cleared World View to handle work for the military.
Tencent has “zero access, zero input and zero control,” Hartman said.
The article at the link is focused mostly on the Democratic candidate for the Senate in Arizona, Mark Kelly, and his ties to World View with its Chinese investor. To my mind the World View links are more important, as World View under Hartman has been selling its high altitude balloons as a way to do military surveillance and reconnaissance at less cost and with more flexibility than with satellites.
Getting investment capital from China means that, despite Hartman’s reassurances, China will likely get access to this technology, either to use in its own country, or maybe even use surreptitiously in the U.S., inside a World View balloon.
As much as I really would like to see World View succeed, as long as they rely on Chinese money they should be denied any military contracts. And Kelly’s involvement as a co-founder of the company, without raising this issue himself, does suggest his focus on protecting the U.S. from foreign influence and spying is quite weak. It does indicate that he can be brought, from the highest bidder, whoever that bidder might be.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
It appears that one of the major financial backers of the Arizona-based high-altitude balloon company World View is a Chinese investment company with close ties to the Chinese Communist Party.
World View’s long-time investors include Tencent Holdings, a Chinese tech company that operates the WeChat messaging and social media service that is among the world’s largest. And like other tech companies in China, it has close working ties to the ruling Communist Party in Beijing. Tencent has sought to expand its relations with American tech firms, a move that has raised national security concerns that the Chinese government could be surreptitiously gathering information using American technology.
Hartman [World View CEO] said that isn’t happening, noting the Pentagon’s Defense Counterintelligence Security Agency examined the company last year to ensure its work was secure from foreign interference. The agency cleared World View to handle work for the military.
Tencent has “zero access, zero input and zero control,” Hartman said.
The article at the link is focused mostly on the Democratic candidate for the Senate in Arizona, Mark Kelly, and his ties to World View with its Chinese investor. To my mind the World View links are more important, as World View under Hartman has been selling its high altitude balloons as a way to do military surveillance and reconnaissance at less cost and with more flexibility than with satellites.
Getting investment capital from China means that, despite Hartman’s reassurances, China will likely get access to this technology, either to use in its own country, or maybe even use surreptitiously in the U.S., inside a World View balloon.
As much as I really would like to see World View succeed, as long as they rely on Chinese money they should be denied any military contracts. And Kelly’s involvement as a co-founder of the company, without raising this issue himself, does suggest his focus on protecting the U.S. from foreign influence and spying is quite weak. It does indicate that he can be brought, from the highest bidder, whoever that bidder might be.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
This is 2 year old but extremely relevant 30 minute YouTube video of a speech that Dr. Peter Navarro, Director of the White House Office of Trade & Manufacturing Policy (OTMP), gave at the Hudson Institute on June 28, 2018. It summarizes a report the OTMP did on the ways China steals American technology and intellectual property. Sounds boring but Dr. Navarro is a fascinating speaker.
The 30 minute YouTube video of Dr. Navarro’s speech:
White House National Trade Council Director Peter Navarro on Chinese Economic Aggression
https://www.youtube.com/watch?v=eRnIse9v_jc
One page summary of OTMP report (the chart that Dr. Navarro uses in his speech):
China’s Categories of Economic Aggression
https://www.guerillastocktrading.com/wp-content/uploads/2018/07/china-categories-of-economic-aggression.pdf
Full report by the OTMP in PDF form:
How China’s Economic Aggression Threatens the Technologies and Intellectual Property of the United States and the World
https://www.whitehouse.gov/wp-content/uploads/2018/06/FINAL-China-Technology-Report-6.18.18-PDF.pdf
“It appears that one of the major financial backers of the Arizona-based high-altitude balloon company World View is a Chinese investment company with close ties to the Chinese Communist Party.”
Of course, it has close ties to the CCP, otherwise it wouldn’t exist. The idea of an independent organization in a totalitarian country is an oxymoron, they all are arms of the state despite what they may proclaim. And if its run by the CCP, it serves the PLA.
Col Beausabre-
Good stuff.