(PatrioticPost.com)- Peter Schweizer’s new book Red-Handed: How American Elites Get Rich Helping China Win doesn’t just chronicle the profitable relationship between the Communist Chinese and the Biden family. It exposes all the politicians and big corporations who profit from the Communist Chinese Party. One chapter of Schweizer’s book is devoted entirely to Senator Dianne Feinstein and her husband’s long and lucrative relationship with the CCP.
According to Red-Handed, Feinstein’s husband, Richard Blum was part owner of a Chinese firm that allegedly sold computers containing spyware chips to the US military. To date, the military has never been able to determine just how much sensitive data China was able to steal through these computers.
Over the years, Richard Blum has conducted a lot of lucrative business transactions with Chinese companies, including those run by the government and linked to the People’s Liberation Army.
For example, Blum became a major investor in a computer company founded by researchers from the Chinese Academy of Sciences, an institution tied to both the CCP and the PLA.
This company, originally called “Legend,” is better known by its second name, Lenovo.
In 2005, Lenovo grew into a major worldwide player after it acquired IBM’s line of personal computer products. That deal was made possible in part by $350 million in investments from three US private equity firms, including Richard Blum’s Newbridge Capital.
Some lawmakers at the time were concerned that Lenovo’s purchase of IBM products could endanger US national security and give China access to advanced American computer technology. But Dianne Feinstein, despite being on the Senate Intelligence Committee, was not one of them.
In 2006, the State Department announced that it would not permit Lenovo computers to connect to its classified networks. Despite the concerns, Lenovo managed to sell a large number of laptop computers to the US military. It was later discovered that the laptops included motherboard chips that were recording “all the data that was being inputted” and sending it back to China.
A year after this was discovered, Richard Blum sold his stake in Lenovo.