Intel’s new CEO invested at least $200 million in Chinese businesses, some with links to the country’s military, report says

- Silicon Valley Veteran and New Staff CEO – This Pooh He invested hundreds of millions of dollars in Chinese companies, Reuters reports. Some Chinese companies support connections with Chinese military. Tan has invested hundreds of Chinese companies Walden International and Holding Companies Seine and Sakaytra.
New Executive Director of Intel Lipstick Bull Invested at least $ 200 million in Chinese business between 2012 and 2024, including at least eight related to the people’s liberation army according to a Reuters: report.
Tan is headed by a company that has a $ 3 billion agreement with the Defense Department to produce chips, as well as with two other DOD agreements. His previous investments have caused concerns as a result of US-China relations.
“The simple fact is that Mr. Tan is disqualified as the head of any company that competes against China, which is alone in real intelligence and national security, as well as its huge heritage,” Andrew King “.A number
Intel did not return Fortune Announcement for comment. But Tan’s speaker told Reuters that he completed the questionnaire that requires any possible clash of interest.
During the first few months of the Trump administration, President Donald Trump and Chinese President C Jin Azsin exchanged crushes in the form of tariffs. The US tariffs are now 145%.
Intel is the only manufacturer of US-based computer chips. And Tan is one of the most promoted investors in the Chinese Technology Silicon Valley.
He was also considered a choice of jewelry Revitalize the companyand make it happy in advance by investors when he was named as a new General Director of Intel.
By anyone investing in Chinese companies Helmed can call signal calls for some, Elon Musk has his hands in both technology and government Visitation CEO AND PRESIDENT DONALD Trump Adviser. In fact, Tesla has its largest factory in China, which is responsible for half of the company’s cars around the world.
“Of course, there may be some national security issues, but it seems to us that the United States does not worry that the key player of current management has made a great contribution to China,” said Santa Claran’s law school. Fortune
In his turn, Tan has invested in Walden International, through the Ventura-Capital based on San Francisco, which was founded in the 1980s, Sakarya Limited and Seine Limited, two reserves in Hong Kong.
Between March and 2024, TAN has been injected $ 200 million in hundreds of Chinese advanced companies, some of whom were contractors and suppliers for a folk liberation army.
Tan also monitors more than 40 Chinese companies and resources, the division of minorities in more than 600 others. In many cases, the property of his minorities comes next to the stakes by Chinese state entities, eight of whom are connected with Beijing’s military, according to Reuters.
At the same time, Walden International is currently a joint owner in 20 investment funds and Chinese government funds or companies with Chinese corporate records.
Walden also made joint investments in six Chinese technology enterprises next to the Chinese military supplier China Electronics: Corporation (CEC). During his first administration Trump has signed Executive order In 2020, which list banned any purchases or investments with the CEC “Chinese Military Companies”.
Agreeable another Reuters: The report, Wilden and the CEC have a joint share of 2% in the intellect of the control company, which is mentioned. The Blacklist section of the US Trade Trade in 2020 For the violation of alleged human rights in Sinjiz.
Walden International did not answer FortuneWith a request to comment. Asked to an anonymous source Reuters That tan deviated from its positions of China’s subjects, but the way out could not confirm that lawsuit.
“This political climate (China’s connections) will be something that the management of the business responsible for such an Intel company will at least talk about how diamonds tried. “It is obvious that it is politically sensitive, and the council would certainly like to know about it.”
The Faculty of the List of the Trade Organization forbids US companies to export sensitive technologies to Chinese companies, but does not block investments.
The Pentagon forbids the companies related to Chinese servicemen from the US military supply network. But as long as the company has not been added to the list of Chinese Military-Industrial Complex Companies of the US Treasury, it is legal that US citizens have stages in Chinese companies, even those who have connections with the Chinese military.
According to Reuters, there is no testimony that TAN currently invests directly in companies in the US Treasury List.
“The only point in which corporate governance can climb if Tan appeared on both sides of the deal,” said Diamond.
This story was originally shown Fortune.com