Joe Biden has insisted that his son made no money from China.
Senator Grassley’s committee report, the Grassley-Johnson report released one month ago, shows this Biden statement to be false.
“Chuck Grassley (R-Iowa), chairman of the Senate Finance Committee, released a report that revealed millions of dollars in questionable financial transactions between Hunter Biden and his associates and foreign individuals, including the wife of the former mayor of Moscow and individuals with ties to the Chinese Communist Party.”
The report, for example, reads
“During the Obama administration, the Committee on Foreign Investment in the United States (CFIUS) approved a transaction that gave control over Henniges, an American maker of anti vibration technologies with military applications, to a Chinese government owned aviation company and a China based investment firm with established ties to the Chinese government. One of the companies involved in the Henniges transaction was a billion dollar private investment fund called Bohai Harvest RST ( BHR was formed in November 2013 by a merger between the Chinese government linked firm Bohai Capital and a company named Rosemont Seneca Partners. Rosemont Seneca was formed in 2009 by Hunter Biden, the son of then Vice President Joe Biden, by Chris Heinz, the stepson of former Secretary of State John Kerry, and others.”
“This report will discuss Hunter Biden’s and Devon Archer’s corporate entities and their links to the communist Chinese government in more detail.”
“The USSS (United States Secret Service) records indicate Hunter Biden scheduled at least six trips to China while a protectee, including a trip to Beijing in May 2014 right before he joined Burisma’s board.”
“Hunter Biden and Devon Archer engaged in numerous financial transactions with Chinese nationals who had deep connections to the Communist Chinese government. These Chinese nationals included Ye Jianming, founder of CEFC China Energy Co. Ltd (CEFC) and chairman of the board for its subsidiary, the China Energy Fund Committee (CE Fund). They also included Gongwen Dong, who was Ye Jianming’s associate and reportedly executed transactions for his companies. Ye’s connections to the Communist government are extensive and, as explained below, he has…previous affiliations with the People’s Liberation Army. Based on the information received by the Committees, Ye was also financially connected to Vice President Biden’s brother, James Biden. Thus, there exists a vast web of corporate connections and financial transactions between and among the Biden family and Chinese nationals.”
“In 2012, Archer and Biden reportedly spoke with Jonathan Li of the Chinese private equity fund Bohai Capital about the possibility of forming a company, Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co. (BHR), that would invest Chinese capital in companies outside of China. BHR was eventually formed as an investment fund and is reportedly ‘controlled and funded primarily by large Chinese government-owned shareholders’ and is 80% controlled by Chinese entities.That list of entities includes the government’s postal savings bank, with which Hunter Biden had networked in 2011, its main development bank, as well as the Bank of China. Hunter Biden served on its board of directors…”
We have no other court to turn to except the public airing of reports. There are no known prosecutors looking deeply into the tax returns of the Bidens. The Department of Justice is not known to be conducting investigations into influence peddling of the Bidens.
We have to rely on the record before us and act as if we were on a jury. In this respect, The Biden record in China is part of a pattern in which members of the Biden family traded upon Joe Biden’s position as vice-president. Joe Biden was in a position to push for and get approved contracts to Chinese firms that would benefit the foreign investments held by his son Hunter. The elder Biden’s position as vice-president made it easy for foreign companies to pay Hunter exorbitant amounts of money and make him a member of a board of directors.
Hunter could get equity stakes when he did not become a director. He could use his father as capital. Shaking hands with and meeting Joe Biden improved the reputations of foreigners and ended up enriching them by opening doors for them. In turn they reciprocated by enlarging the Biden family treasury.
“He [Hunter Biden] served unpaid but reportedly acquired a 10% stake in the company in 2017. Prior to its creation, in December 2013 and one month after the shareholders signed contracts relating to the creation of the company, Hunter Biden reportedly flew aboard Air Force Two with then-Vice President Biden to Beijing.While in China, Hunter Biden reportedly helped arrange for Li to ‘shake hands’ with Vice President Biden. Afterward, Hunter Biden met with Li for what was reportedly a ‘social meeting.’ After the China trip, BHR’s business license was reportedly approved…”
Peter Schweizer has specialized in exposing corruption like that of Joe Biden.
It’s rather easy for an experienced liar like Joe Biden to lie, to make false charges, to deny, to obfuscate and to demand proof, knowing that getting and publishing proof so that it reaches and convinces millions of Americans is far more difficult than telling lies. Acts of disinformation are easier to propagate than to refute.
We are impelled to act as jurors without benefit of a full inquiry and trial.
Why would Hunter Biden be flying all over the world under his father’s wing and on the taxpayers’ money to pay for Secret Service protection? Why would he do this if not to make money for himself and his family? How could his father not know about his son’s dealings, when he himself was often in contact with the very same people in these foreign lands? Are we supposed to ignore the vast sums paid to Hunter while he was associated with the Ukraine company Burisma? Are we supposed to ignore the fact that Joe Biden got the man fired (Shokin) who was investigating Burisma?
On Burisma, Biden made up the lie (disinformation) that he did that because Shokin was corrupt. Biden also accused Trump or intimated that Trump made illegal money out of China. Biden has a liar’s habit of accusing his accusers of the same crime for which he himself is guilty.12:14 pm on October 23, 2020