Colorado State University in Fort Collins.
A Colorado State University center partially funded by the Chinese government will close its doors later this year after Congress restricted funding for universities that host these programs.
There are hundreds of Confucius Institutes across the globe. Named after the famed Chinese philosopher, CSU’s Confucius Institute offers Chinese language and culture classes to the community at large.
These education centers have faced bipartisan opposition in recent years, mainly due to its reliance on Chinese government funding. The 2021 National Defense Authorization Act, which passed Congress on New Year’s Day after an override of a presidential veto, included language that restricted Department of Defense research funding at universities that host a Confucius Institute.
Jan 11, 2021
MIAMI For years as a federal prosecutor in New York, Daniel R. Alonso led teams that had to search through a maze of anonymously owned corporate entities to expose criminal activity.
“It required all kinds of shoe-leather investigating to identify who was really behind these shell companies,” recalled Alonso. “You’d have to subpoena bank records and lawyers, as well as human sources, and even then you frequently hit a dead end.”
Now, thanks to a watershed overhaul of U.S. money laundering laws, locating the proceeds from foreign bribery, drug trafficking and financing for terrorists could be as easy as a few keystrokes.
Now, thanks to a watershed overhaul of U.S. money laundering laws, locating the proceeds from foreign bribery, drug trafficking and financing for terrorists could be as easy as a few keystrokes.