When the then Vice President Joe Biden On an official visit to China in 2013, he accompanied his son, Hunter Biden. Ten days after the trip, Hunter’s small investment company partnered with state-owned Bank of China to set up a private equity fund, Bohai Harvest RST (BHR). New company expired raking Some $ 1.5 billion from the deal.
Curiously, Hunter had no background in private equity and no relevant expertise. Also, Hunter had no serious experience China. Now we know from newly released travel records that Hunter Traveled Five times for China between 2009 and 2014, but that’s it
Hunter had one important qualification, however: he was the son of a sitting vice president. Even more striking, then President Obama effectively did Was made Prepare the administration’s point man to deal with China. Ignoring this fact would be eccentric blindness.
This is just one piece of remarkable – and largely hidden – story of the troubled financial relationship between the Biden family and Chinese government. This relationship led to shady business deals enriching bidders, in some cases at the expense of the US.
I am engrossed in details of Bidens’ dealings with China this week case One of my podcasts, “Newt’s World.” My guest is Peter Schweizer, executive producer of the new Document, “Riding the Dragon: The Bidding Chinese Secrets.” Peter is also the President of the Government Accountability Institute and the best-selling author.
Hunter’s role with BHR is particularly troubling due to the company’s involvement in deals that raise national security concerns. For example, BHR partnered with a Chinese military contractor Acquisition Michigan-based manufacturer of vibration-vibrating devices that have military applications. BHR also invested in strategic mineral resources in Africa – including a Congolese mine. The site Such as human rights abuses.
Hunter sat on the firm’s board of directors during each deal.
And it also gets involved in Hunter’s complex dealings with a corrupt energy company in Ukraine, Burma, and a powerful Russian oligarch who married the mayor of Moscow – involving millions of dollars.
Biden wants us to believe that he is very close to his son. It incites the mind to imagine that he did not notice some of these deals and travels of Hunter’s.
Have they never asked their son about their work and travel when they talk? Did she not see any change in her child’s lifestyle?
It is difficult to make some connection between Hunter’s business behavior and his father’s persistent rhetoric to minimize the threat posed by China.
As vice president, Joe Biden repeatedly Described A rising China as a “positive development” for America and the world. In 2011, he also said He fully understands China’s one-child policy before withdrawing his remarks.
And don’t forget Joe Biden said During the 2020 presidential campaign: “China is going to eat our lunch? Come on, man… they are not competing for us… we can do all without punishing anyone. “
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I hope you hear this week case To know the detailed truth about Beadens’ dealings with China, Democratic candidates don’t want to see you.
I hope you will hear my next episode, which airs on Wednesday, during which I will react to the first presidential debate of 2020.