https://eagleforum.org/psr/1998/june98/psrjune98.html
The China Connection Is the Real Scandal
Now we know why the Democrats were so vicious in their attacks on Senator Fred Thompson (R-TN) and Rep. Dan Burton (R-IN). Theirs were the committees that were closing in on the China connection, the scandal that can bring down the Clinton presidency, the scandal that has made Congressmen start to utter the T word (treason). A series of front-page news stories in the New York Times (May 15, 16, 17) essentially vindicated Thompson’s charge that the Chinese Communist Government tried to influence the 1996 U.S. election with campaign contributions.
Bill Clinton’s friend and ubiquitous Democratic fundraiser Johnny Chung told Federal investigators that he funneled nearly $100,000 from the Communist Chinese military to the Democratic campaign in the summer of 1996. The money was handed to Chung by the daughter of the top commander of China’s People’s Liberation Army, General Liu Huaqing, who was also one of the top five members of the Chinese Communist Party’s ruling Politburo.
Chung’s liaisons with the Clinton Administration were so cozy that he was able to arrange for the daughter, who goes by the name of Lt. Col. Liu Chaoying, to get a speedy visa and come to America to be photographed with Clinton on July 22, 1996. She is what is called a “princeling,” one of the privileged offspring of China’s ruling elite. In addition to her title as Lieutenant Colonel in the People’s Liberation Army, she is a senior manager and vice president for China Aerospace International Holdings, which is the Hong Kong arm of China Aerospace Corporation, a state-owned jewel in China’s military-industrial complex, with interests in satellite technology, rocket launches, and missiles.
Johnny Chung told Federal investigators that Col. Liu actually gave him $300,000, which she said originated with China’s military’s intelligence arm, and told him to use the money for Democratic campaign contributions. He apparently kept $200,000 for his “businesses.” Soon after the picture-taking fundraiser, Col. Liu had Chung open a California branch of Marswell Investing, another of her Hong Kong enterprises, whose chief “business” was parking Chinese money in the United States. She also invested $300,000 in Chung’s facsimile business. Chung was quite a hustler; he visited Clinton’s White House 49 times.
After fundraising investigations began last year, the Democratic National Committee returned $366,000 to Chung which were suspected of being illegal foreign contributions. Chung has pleaded guilty to campaign-related bank and tax fraud.