The financial relationship was revealed via her most recent disclosure as item 33 on a 68-item-long list titled “Filer’s Sources of Compensation Exceeding $5,000 in a Year.”
In 2019 the media company attempted to raise up to $200 million, according to Reuters. The group’s primary backer: “tech giant Tencent Holdings Ltd and investment firm China Media Capital (CMC).”
The State Department’s Bureau of International Security and Nonproliferation has described Tencent as a “tool of the Chinese government,” noting the company has “no meaningful ability to tell the Chinese Communist Party ‘no’ if officials decide to ask for their assistance.”
CMC was started by a former Deputy Secretary General and Chief of Staff to the Chinese Communist Party’s Shanghai Municipal Government.