• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Economy

Dem gubernatorial nominee facing heat for taking donations from CCP-linked tycoon: ‘Disqualifying’

by October 14, 2025
by October 14, 2025

New Jersey Democratic gubernatorial candidate Mikie Sherrill is facing criticism after a businessman linked to the Chinese Communist Party made multiple donations totaling tens of thousands of dollars to her campaign. 

Pin Ni, the founder of Wanxiang America Corporation, donated $60,000 to the One Giant Leap super PAC backing Sherrill’s campaign in the form of two checks, in addition to giving the $5,800 individual max donation directly to Sherrill’s campaign this summer, according to records reviewed by Fox News Digital and first reported on by New York Post.

Political campaigns in the United States are only permitted to accept money from American citizens or permanent legal residents and, in addition to Pin’s status being unclear, questions have been raised about the ethics of accepting money from individuals linked to the Chinese Communist Party. 

‘The donor, Pin Ni, has an extensive history of assisting the CCP’s political warfare and influence operations upon the U.S., and of generally aligning with and carrying out party commands,’ Michael Lucci, Founder and CEO of State Armor, told New York Post, adding that taking money from Ni is ‘disqualifying.’

Wanxiang Group posthumously awarded the company’s founder, Lu Guanqiu, the title of ‘National Outstanding Communist Party Member’ in a 2021 press release and praised Guanqiu for his ‘pursuit of communism as a lifelong ideal and practice.’ The press release also said Guanqiu, the late father-in-law of Pin Ni, ‘has always listened to the [Chinese Communist] Party and followed the Party,’ a Fox News Digital review found earlier this year. 

The press release continued by quoting Chinese President Xi Jinping’s praise of Guanqiu, saying he was ‘in line with the Party Central Committee. He always actively does what our Party committees and governments at all levels advocate.’

The founder’s bio on the Wanxiang website says he was elected as the 13th and 14th Representatives of the CPPCC, and a delegate to the 9th, 10th, and 11th Chinese National People’s Congress, top levels of the CCP’s hierarchy. 

Fox News Digital reached out to the Sherrill campaign inquiring whether the money would be returned. 

Fox News Digital also reached out to Pin Ni but did not immediately receive a response.

Sherrill isn’t the only Democrat running for governor in November to be faced with questions about donations from Pin Ni.

Virginia Democratic gubernatorial candidate Abigail Spanberger took $50,000 from the CCP-tied businessman in two $25,000 installments in April and May, Fox News Digital previously reported. 

The donations sparked criticism from Spanberger’s Republican opponent, Virginia Lt. Gov. Winsome Earle-Sears.

‘Taking $50,000 from someone with clear Chinese Communist Party ties tells us all we need to know,’ her campaign spokesperson said at the time. ‘You can’t claim to stand up to foreign threats while pocketing money from someone celebrated by the CCP.’

A Spanberger campaign spokesperson said, ‘Virginians know that Abigail Spanberger has a demonstrated record of standing up for America’s national security, delivering results for Virginia families across party lines, and never backing down from keeping the American people safe.’

‘Her campaign will remain focused on what Virginians care about most, keeping our communities safe, driving down costs, protecting Virginia jobs, and making sure Virginia’s public schools are the very best in America,’ the spokesperson added.

Fox News Digital’s Amanda Macias contributed to this report

This post appeared first on FOX NEWS

0 comment
0
FacebookTwitterPinterestEmail

previous post
Trump has freed more than 70 US hostages in less than a year; Biden released around 70 in four years
next post
Cities that canceled Columbus Day could lose federal funds under new GOP bill

Related Posts

The 2025 Nobel in Economics and the Roots...

October 14, 2025

What Hamburger Helper Knows and GDP Misses

October 14, 2025

The Pandemic That Broke Our Faith in Modeling

October 14, 2025

‘It took 3,000 years’: Trump heralds ‘golden age...

October 14, 2025

Cities that canceled Columbus Day could lose federal...

October 14, 2025

Blinken claims Trump’s Gaza ceasefire deal drew from...

October 14, 2025

Trump has freed more than 70 US hostages...

October 14, 2025

Pakistan announces intention for second Nobel Peace Prize...

October 14, 2025

Don’t fall for fake settlement sites that steal...

October 14, 2025

Mamdani breaks silence on freed Israeli hostages in...

October 14, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • The 2025 Nobel in Economics and the Roots of Enduring Growth

    October 14, 2025
  • What Hamburger Helper Knows and GDP Misses

    October 14, 2025
  • The Pandemic That Broke Our Faith in Modeling

    October 14, 2025
  • LG India’s strong debut fuels surge in record-breaking Mumbai IPOs

    October 14, 2025
  • Google to invest $15B in AI hub in southern India, its largest outside US

    October 14, 2025
  • Europe markets open: Stocks fall as the pound drops 0.4% on a weak UK jobs report

    October 14, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025
  • 5

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 6

    Pop Mart reports 188% profit surge, plans aggressive global expansion

    March 26, 2025
  • 7

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025

Categories

  • Economy (2,879)
  • Editor's Pick (284)
  • Investing (185)
  • Stock (1,966)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

After Harvard: Dismantle the Infrastructure of Racial...

July 7, 2025

Israel’s ‘resounding’ military campaign against Iran could...

June 20, 2025

Business Conditions Monthly April 2025

June 20, 2025