Chinese Company Buys Control of US Schools | China In Focus
Hundreds of U.S. schools are now under the control of one Chinese company. Its chairman is allegedly a member of the Chinese Communist Party (CCP). Rounds of new action are making their way through Congress. Lawmakers on both sides of the aisle are pushing through one legislation after another with a goal in mind: countering the CCP's influence. An alleged million-dollar bribe to China was revealed in testimony for FTX founder Sam Bankman-Fried's fraud trial. An ex-executive said the sum sought to help recover a billion dollars in frozen company capital. And an expert weighs on the UK's decision to invite China to an AI summit.