UPenn, which hosts Biden's think tank, sees Chinese, CCP-linked donations soar
The university housing President Biden's think tank recently saw its donations from China triple from its previous reporting period, records show.
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The university housing President Biden's think tank recently saw its donations from China triple from its previous reporting period, records show.
Zhang ranked behind 44-year-old Wang Xing, 44, founder of food delivery giant Meituan and 62-year-old Xu Hang, founder of property developer Parkland Group.…
At age 21, Zhang Hongchao started peddling shaved ice treats. A quarter of a century later, he and his younger brother Hongfu have made a fortune selling soft-serve ice cream, coffee drinks and its super popular bubble tea and lemonade.
Although the 44-year-old entrepreneur still boasts a net worth of $9.3 billion, Meituan's shares have witnessed a staggering 50% drop since January, including a sharp 12% decline on Wednesday.
Chinese food delivery giant Meituan on Wednesday confirmed it had authorised a share buyback of up to $1 billion in value.