The Foundation for US-China Relations of the late former US President George H. W. Bush has agreed to accept a grant of five million dollars from the China-US Exchange Fund (CUSEF), which promotes China’s foreign policy interests, according to the US portal Axios.
The agreement between the two funds referred to by the portal is concluded for the period from April 1, 2019, to December 31, 2023.
“CUSEF undertakes to pay (the Bush Foundation) a grant in the amount of five million US dollars, which will be allocated in equal parts of one million dollars each year,” the agreement says.
Also, according to the agreement, the funds intend to develop constructive, reliable, mutually beneficial, and politically stable relations.
According to the portal, CUSEF has a reputation as a tool of influence in Beijing. The foundation is headed by former Hong Kong Chief of Staff Dong Jianhua, who also co-chairs an advisory body in Beijing that promotes China’s political interests. CUSEF, in particular, has funded campaigns in the United States to influence the opinion of key audiences about China’s policy in Tibet.
The Bush Foundation, in turn, while at times critical of China, still supported Beijing on some important geopolitical issues.
The portal contacted the official representative of the Bush Foundation, Leslie Reagan, who said that the funding from the Chinese NGO does not affect the work of the foundation in the field of politics. “The Bush China Foundation maintains a very strict independent position on virtually all major aspects of the US-China relationship,” Reagan said.