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Fox: “GOP governor hopeful pushes anti-China policy after years of Chinese investments”

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Fox: “GOP governor hopeful pushes anti-China policy after years of Chinese investments”

A new report from Fox News reveals that New Jersey Republican candidate for governor Jack Ciattarelli “invested in Chinese companies, including an organization that owns U.S. farmland and companies with ties to the Chinese military and the Chinese Communist Party,” as recently as his last failed bid for governor in 2021.

According to Fox, a number of companies Ciattarelli invested in were designated by the Department of Commerce for “threatening national security.” When asked about why he no longer holds those investments, Ciattarelli’s “campaign declined to explain why he had divested.”

“As Jack Ciattarelli tries to run for governor a third time, he’s hoping New Jersey voters don’t pick up on the fact that he spent years investing in Chinese companies that bought up American farmland and pose a direct threat to our national security,” said DGA Senior Communications Advisor Izzi Levy. “New Jerseyans deserve to know: why was Ciattarelli investing in adversarial Chinese interests in the first place, when did he divest, and how can Garden State families ever trust him to put them first?”

Read more from Fox News about Jack Ciattarelli’s investments in blacklisted foreign companies:

  • New Jersey Republican gubernatorial candidate Jack Ciattarelli invested in Chinese companies, including an organization that owns U.S. farmland and companies with ties to the Chinese military and the Chinese Communist Party (CCP), a Fox News Digital review of financial disclosures found.

  • While Ciattarelli said, as governor, he would advocate in the New Jersey legislature against foreign entities owning U.S. farmland, financial disclosures from 2015, 2016 and 2021 revealed the New Jersey Republican’s investments in WH Group, a Chinese company that acquired about 146,000 acres of U.S. farmland when they bought Smithfield Foods for approximately $4.7 billion in 2013.

  • As a businessman, Ciattarelli has a long and diverse portfolio of investments. In addition to WH Group, Ciattarelli has disclosed investments in Chinese companies that include China National Offshore Oil Corporation Limited, Ping An Insurance, China Lodging Group Limited, China Mobile Limited, Sinopec Shanghai Petrochemical Company Limited, NetEase, Inc., and China Eastern Airlines Corporation Limited.

  • Ciattarelli’s financial disclosures filed April 3, 2025, revealed he has since divested from these Chinese companies. When reached by Fox News Digital for comment, his campaign declined to explain why he had divested.

  • One of those companies, the Chinese National Offshore Oil Corporation (CNOOC), was added in 2021 to the Entity List by the Department of Commerce, which restricts trade, for threatening national security “by helping China intimidate neighbors in the South China Sea.”

  • In 2024, the Department of Defense identified China Mobile as one of several “Chinese Military Companies Operating in the United States.” Trump signed an executive order in 2020, restricting U.S. investments that finance the “People’s Republic of China’s military-industrial complex,” which included China Mobile.

  • The New York Times also reported in 2018 on the Chinese Communist Party’s increased control and influence at Sinopec Shanghai Petrochemical Company Limited. Sinopec is one of the largest oil and gas companies in the world and a state-owned enterprise run by the Chinese government.

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