CHINA MITCH: McConnell Has Family Ties to Bank of China, Top Chinese Shipping Firm

McConnell's familial link to Chao family's Foremost shipping company, Chinese State Shipbuilding corporation, and Bank of China resurface after Kentucky senator's declaration of victory for Joe Biden

As news breaks Tuesday of Senate Majority Leader Mitch McConnell’s praise for the United States’ election “process” and declaration of “congratulations” for “President-elect Joe Biden,” the Kentucky senator’s extensive family ties to China have resurfaced as a topic of conversation.

McConnell’s marriage into the Chao family dynasty has coincided with a trajectory of ever-increasing personal profit for McConnell and the Chaos, as well as Chinese state business interests.

BANK OF CHINA

McConnell’s wife, Elaine Chao, is the daughter of shipping magnates James and Ruth Chao and the sister of Angela Chao, the latter of whom was appointed to a non-executive position on the Bank of China’s board of directors in 2016.

CHAO FAMILY WEALTH

The Rest Of The Story