70
submitted 11 months ago by yogthos@lemmygrad.ml to c/genzedong@lemmygrad.ml

To manage the fund, Yahoo partnered with Harry Wu—a noted Chinese dissident turned powerful anti-China activist—and his nonprofit, the Laogai Research Foundation. But Wu grossly mismanaged YHRF, spending less than $650,000—or 4%—of the fund’s total $17.3 million on support for online dissidents, according to the current lawsuit. One year, YHRF allegedly spent $0 on what was meant to be its primary purpose. (Some defendants contest these calculations.)

you are viewing a single comment's thread
view the rest of the comments
[-] happybadger@hexbear.net 44 points 11 months ago* (last edited 11 months ago)

Wu was born into an affluent family in Shanghai; his father was a banking official and his mother had descended from a family of well-to-do landlords.

https://en.wikipedia.org/wiki/Harry_Wu

edit: Also an accused paedophile:

In March 2015, a Virginia woman named Wang Jing publicly accused Wu of sexually assaulting her and three underage girls, the daughters of Chinese dissidents who were under her guardianship, in late 2013. Wu denied the accusation. Wang filed a lawsuit against Wu with the Fairfax County Circuit Court, and the case was scheduled to go on trial in January 2017.[

[-] Frogmanfromlake@hexbear.net 20 points 11 months ago
[-] cayde6ml@lemmygrad.ml 12 points 11 months ago

Is this because Shanghai is often viewed as a technologically advanced yet morally depraved equivalent to Las Vegas, in China?

I hope that I'm able to move to Shanghai one day.

[-] ComradeSalad@lemmygrad.ml 20 points 11 months ago

Shanghai was a primary "treaty city" meaning it was EXTREMELY heavily influenced by the western world and liberal ideology for nearly 2 centuries.

Its also a financial capital, meaning its full of bankers, investment moguls, and the ultra rich.

[-] cayde6ml@lemmygrad.ml 8 points 11 months ago

Yeah, I get all of that. From what I'm seeing though, it hopefully looks to be shedding that reputation piece by piece.

[-] ComradeSalad@lemmygrad.ml 1 points 11 months ago

Not really in all honesty, China needs a financial capital for the time being, and Shanghai has worked perfectly for that. Little changed has happened there, and it is a major international hub, so the influence persists.

Hopefully in the near future.

load more comments (5 replies)
load more comments (6 replies)
load more comments (8 replies)
this post was submitted on 12 Dec 2023
70 points (93.8% liked)

GenZedong

4284 readers
15 users here now

This is a Dengist community in favor of Bashar al-Assad with no information that can lead to the arrest of Hillary Clinton, our fellow liberal and queen. This community is not ironic. We are Marxists-Leninists.

This community is for posts about Marxism and geopolitics (including shitposts to some extent). Serious posts can be posted here or in /c/GenZhou. Reactionary or ultra-leftist cringe posts belong in /c/shitreactionariessay or /c/shitultrassay respectively.

We have a Matrix homeserver and a Matrix space. See this thread for more information. If you believe the server may be down, check the status on status.elara.ws.

Rules:

founded 4 years ago
MODERATORS