On Mar 15, Daily Caller reported that Dr. Fred Hu, CEO and founder of a Chinese venture capital firm Primavera, quietly bought up a Pentagon-contracted education company “tutor.com” ( https://www.tutor.com ), that has long-standing connections to multiple CCP influence units ( EXCLUSIVE: The Pentagon Is Paying A Chinese Communist Party-Linked Venture Capital Firm For Tutoring Services ).
Though Primavera’s spokesperson denied that Hu and Primavera Capital have any ties to either CCP or the Chinese government, the article contains extensive evidence showing that Hu holds senior positions in CCP’s United Front Work Department and plays an important role as an investor and economist in CCP-controlled businesses.
Besides, let’s check the contents on the official website of Primavera ( https://www.primavera-capital.com ).
First of all, in the introduction of Fred Hu, it says, “He initiated and led investment transactions such as Alibaba Group, Cainiao Smart Logistics Network, Ant Group, Yum China, ByteDance, Xpeng Inc., […]
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