What Lies Beneath: Chinese Pharma Tycoon Alleged Paying Millions In Stanford Admission Scandal

On a quiet May Day holiday in China, a U.S. admission scandal involving a local high-flying pharma executive hits home hard.

US dollar and Yuan China which its are 2 biggest countries for economic growth.Now America and China announce tariff tax policy to make conflict.
Buchang Pharma co-founder Tao Zhao allerged paying $6.5mn to get daughter into Stanford Univ.

Co-founder of major Chinese drug maker Buchang Phrama Co. Ltd, Tao Zhao is a man with many glamorous titles. Zhao co-created Buchang, a Shanghai-listed traditional Chinese medicines maker that went public in 2016. Overseeing three major selling products with billions in sales, Zhao has been a rising star representing a new generation of drug making in China.

Zhao is also the central figure who was alleged to have paid $6.5m to a fixer in the US to get his daughter enrolled into Stanford University, a scandal first...

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