The Gateway Pundit has uncovered alarming evidence of Bank of America’s extensive ties to the Chinese Communist Party (CCP).
Through its investments, board member connections, and collaborations with CCP-linked organizations, one of America’s largest banks appears to have placed profits above national security, raising serious questions about foreign influence.
Bank of America’s entanglement with the CCP dates back to 2005, when it invested $3 billion in China Construction Bank (CCB), the second-largest bank in China at the time.
This unprecedented investment, which marked the largest-ever foreign financial deal in China, signaled a willingness to align with CCP interests to gain access to the lucrative Chinese market.
While Bank of America sold its stake in 2013, it remains one of only eight U.S. banks permitted to locally incorporate in China, a privilege granted only with CCP approval.
The connections extend to Bank of America’s leadership. Maria Zuber and Lionel L. Nowell III, two board members, also serve on the board of Textron, an aviation company with deep operations in China.
Textron partnered with AVIC, a Chinese state-owned defense conglomerate sanctioned by the U.S. Treasury for aiding the People’s Liberation Army.
Reports suggest that Textron’s aircraft designs were copied by Chinese companies, further underscoring the risks of such partnerships.