Da Nang Dick Blumenthal and Wife Have Six-Figure Investment in Chinese Government-Linked Retail Center – IOTW Report

Da Nang Dick Blumenthal and Wife Have Six-Figure Investment in Chinese Government-Linked Retail Center

WFB: Wealthy Democrat says he was unaware of Chinese investment until contacted by the Washington Free Beacon.

Sen. Richard Blumenthal (D., Conn.) and his wife Cynthia have a six-figure investment in a massive retail shopping complex in Shanghai that is part of a partnership between a Chinese government-controlled business consortium and Disney.

The Blumenthals have an investment of between $100,000 and $250,000 in U.S. Shanghai LLC, according to the senator’s annual financial disclosures. U.S. Shanghai LLC is a subsidiary of Malkin Properties, a company owned by Blumenthal’s brother-in-law, Scott Malkin. The company partnered in 2014 with the state-owned Shanghai Shendi Group to build Shanghai Village, a 592,000-square-foot luxury shopping resort next to Shanghai Disneyland. The Blumenthals are also invested in U.S. Suzhou LLC, another Malkin-owned shopping center near Shanghai.

A spokeswoman for Blumenthal said the senator was unaware that he and his wife are invested in the venture until contacted for comment by the Washington Free Beacon. Maria McElwain, a communications director for Blumenthal, said Blumenthal’s wife, Cynthia Malkin Blumenthal, is a passive investor in an investment vehicle controlled by her brother’s company. McElwain said Cynthia Blumenthal “has no control, influence, or discretionary power” over the Shanghai investment. She also said the Blumenthals have not discussed the investment with Malkin.

But the investment could pose a political liability for Blumenthal, who is up for reelection next year. American firms’ investments in China have come under increased scrutiny due to concerns the Chinese government is using its partnerships to exploit the United States. Blumenthal’s apparent lack of awareness of the investment is also a possible testament to his vast wealth. Blumenthal is one of the richest members of the Senate. more here

15 Comments on Da Nang Dick Blumenthal and Wife Have Six-Figure Investment in Chinese Government-Linked Retail Center

  1. No Longer DaNang Dick, He’s Peking Dick, not to be confused with Peking Duck.

    Now that he knows the CCP pays his dividends, what’s he gonna do?
    Nothing I suspect, it’ll blow over. China will make it worth his temporary uneasiness.

  2. ” political liability for Blumenthal” You gotta be kiddin! The moron majority party here in the Un-Constitution State will vote this @$$hole back in until he dies and probably after that.

    We had a lot of rain here yesterday with some washouts resulting from runoff but Ole “DICK” was right there blaming it on Climate Change and an excuse to call for more infrastructure spending.

    It’s called the “Weather” idiot and if we hadn’t spent the money in the Transportation fund of worthless social programs and raises for State workers we may, just may, have been able to fix the roads and bridges.

    God, I hate that guy!

  3. This man lies.
    This man cheats.
    This man steals.
    This man is not a man at all.
    His testosterone levels are so low you can hear the “quiver” when he speaks

    World would be a better place without him in it.

  4. Surprised he’s invest with communists what with having fought so bravely and fervently against them in South Vietnam.

    Who’d a thunk…..

  5. “unaware.”

    Sure you were, Dick; that, as they say, is the ticket.

    He is an insult to the intelligence of nutmegers, though that intelligence is suspect as they keep voting for him and others like him.

  6. The fucking nightmare never ends because none of these scumbag pols ever has to face the music.

    A sane country with functioning law enforcement institutions would make examples of PsOS like this prick.

    We don’t have that. We literally have a secret state police that ignores crimes committed by like minded fascists and prosecutes their oppo for imaginary/minor offenses.

    At some point, I hope to the Lord above, the shit gets real and I’m there to see it. This cheesedick is the perfect place to start.

  7. DeNang Dick(head): Honestly, I really didn’t know where the money was coming from. Probably because career politicians have so much money.
    “Show me a man that gets rich by being a politician, and I’ll show you a crook.” President Harry Truman


Comments are closed.