Joseph Tsai’s Shameful Defense of the Hong Kong Crackdown

Billionaire philanthropist, Joseph Tsai, speaks at the Wall Street Journal Digital Conference in Laguna Beach, Calif., October 17, 2017. (Mike Blake/Reuters)
The billionaire philanthropist Nets owner is trying to whitewash his pro-Beijing apologism with a new foundation.

NRPLUS MEMBER ARTICLE Y ou could be forgiven for viewing Joseph Tsai, the billionaire co-founder of Alibaba, as a model citizen. He’s a philanthropist — the main benefactor of a neuroscience institute at Stanford and of a Chinese-law center at Yale — and now, amid the recent spate of violent crimes targeting Asians, an outspoken advocate for Asian Americans.

During a CNBC appearance this week, Tsai expounded on his 2017 purchase of the Brooklyn Nets. “It’s a social institution, you’re doing it for the fans, you’re doing it for the broader population,” he told the network’s Andrew Ross Sorkin during an interview at the Barclays

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