Cal-Berkeley Hid Massive $240M Investment In China Tech Center From Uncle Sam
View Source | May 24, 2023 8:11 am
- The University of California-Berkeley failed to disclose $220 million deal that benefitted sanctioned Chinese companies, according to a new report.
- The claim follows a similar sanctions violation by UPenn.
- The Foreign Desk and Daily Caller report: Between 2014 and 2018, the University of California at Berkeley received a $240 million investment from the Chinese government and Tsinghua University — which has been called “China’s MIT” — to launch a joint research facility in Shenzhen, China, known as the Tsinghua-Berkeley Shenzhen Institute (TBSI). However, Berkeley never formally disclosed any of the foreign investment to the U.S. government prior to being notified of the investigation.
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