| --- |
| title: "House Oversight: Estate Documents (Nov 12) (HOUSE_OVERSIGHT_020542)" |
| source: "House Oversight: Estate Documents (Nov 12)" |
| sourceUrl: "https://www.justice.gov/epstein" |
| date: "2026-01-01" |
| category: "House Oversight" |
| eftaNumber: "HOUSE_OVERSIGHT_020542" |
| ocrPages: 1 |
| ocrChars: 2966 |
| ocrElapsed: 0.0 |
| parseTier: "external-legacy" |
| engine: "engine undisclosed (ep-nov-12.greg.technology mirror)" |
| externalSource: "greg-ep-nov-12" |
| externalLicense: "not granted" |
| externalCredit: "ep-nov-12.greg.technology" |
| externalUrl: "https://ep-nov-12.greg.technology" |
| --- |
| |
| 83 |
| region's Chinese-language radio stations are particularly loyal to Beijing, representing |
| either independent Chinese voices or those supporting the banned religious sect, Falun |
| Gong. According to sources close to the deal, Phoenix structured the offer to avoid a |
| US law that limits foreign ownership of US radio stations to 25 percent. In filings with |
| the Federal Communications Commission, Phoenix was listed as owning 20 percent of |
| the US-based investor, RBC, while the remaining 80 percent was owned by an editor |
| at Phoenix who is also a US citizen. 12 Under such a setup, no FCC regulations would |
| have been broken. To be extra sure that the deal would go through, however, advisors |
| to Phoenix convinced the Hong Kong company to seek approval from the Committee |
| on Foreign Investment in the United States (CFIUS), a Treasury Department bureau |
| that monitors foreign investments in the United States on national security grounds. |
| In a ruling that surprised the potential investors, CFIUS declined to approve the deal, |
| referring it to then-president Obama. Sources close to the deal noted that the fact that a |
| Phoenix employee in the United States had pleaded guilty to espionage-related charges |
| did not help Phoenix's case.13 RBC pulled out of the deal on September 25, 2013. |
| But the efforts to break into the L.A. radio market did not end there. In the summer |
| of 2018, a New York firm, H&H Capital Partners, announced that it was buying a |
| Mexican radio station, XEWW, that broadcasts throughout Southern California. 14 |
| Sources involved in that deal said that H&H sought to buy a Mexican station in |
| order to avoid scrutiny in the United States. H&H is a New York-based firm led by |
| several individuals who spent years working as reporters for Global Times, a state-run |
| newspaper in China. Filings from H&H to the FCC about the deal suggest that Phoenix |
| Satellite TV remains a player in the purchase as the address that H&H gave for its Los |
| Angeles-based holding company was the same as Phoenix's offices in L.A. IS H&H's |
| attempt to buy XEWW to broadcast into the United States has been challenged at the |
| FCC by a Chinese-language radio station linked to Falun Gong. 16 |
| China's main English-language newspaper, China Daily, has also expanded operations |
| into America, starting a North American edition in 2009. In addition, through its |
| marketing arm, China Watch, the paper began distributing English-language content |
| directly as advertising inserts in the Wall Street Journal, the Des Moines Register, and the |
| Washington Post, among other leading US newspapers. Often, it's hard to tell that China |
| Watch's material is an ad, as was the case highlighted by President Donald Trump with |
| an advertising insert in the Sunday Des Moines Register-an insert that the president |
| suggested was aimed at undermining political support both for the president and the |
| Republican party. Rough estimates from newspaper executives indicate that China |
| Section 6 |
| HOUSE_OVERSIGHT_020542 |
|
|
