Bad smell: Hunter Biden still owns that 10% stake in that big Chinese company
Hunter Biden is still all China'd up. Which is not a pretty picture given that he got his China connections in the first place by hanging onto papa Joe Biden's coattails, and has since continued to profit from the communist regime at a time while claiming he's not, when his father might just become the U.S. president.
According to Breitbart News:
Hunter Biden, Joe Biden’s second son, still owns a ten-percent stake in Chinese company Bohai Harvest RST (BHR), an investment firm he co-founded with funding from the Bank of China, noted Peter Schweizer, president of the government accountability Institute, senior contributor to Breitbart News, and author of Profiles in Corruption: Abuse of Power by America’s Progressive Elite.
In episode 17 of the Drill Down, entitled “Hunter Biden’s Chinese Fortune,” Schweizer noted that Hunter Biden has not divested from BHR despite his father’s presidential campaign.
“The idea that Hunter could still profit off of the Chinese government if his father becomes president remains an incredible potential conflict [of interest],” observed Schweizer. “A conflict that seems all the more troubling when Joe Biden continues to dismiss China as a geopolitical threat.”
Far from dispensing with his connections to China as House Biden and its media allies would have you think, he's still got his 10% stake in the Chinese investment firm, and that's worth big money, given that its investments amount to $2.5 billion.
According to Breitbart News, there has been an effort to make things look as though Biden has gotten out of the China business. Biden Junior had held an unpaid director's slot, which the investment firm, BHR, said he was no longer on. Supposedly, that was proof that Biden Junior no longer was involved.
Whoop-dee-do, anyone sitting on a director's seat in a full blown Chicom company is going to be there as window dressing for the real power, and we all know who calls the shots in communist-led firms. Giving that up wasn't exactly a sacrifice.
More problematic, according to Schweizer, is that he still owns a big stake in that Chinese company. The money part. If he owns a stake, he's either making money or else has something big to sell for money, and maybe both.
All this, while he's been playing painter in the Hollywood Hills and dodging an Arkansas judge who wanted his financial records for child support purposes, something he seems to have at least termporarily avoided handing over.
Sure, he's a ne'er do well, and a privileged junior living off daddy's political capital.
But the real problem is Joe Biden, whose son has a massive conflict of interest with the world's most unpopular country and is trying to dodge attention for it, while still enjoying the goodies. A new survey just out from Pew Research shows that a whopping two thirds (66%) of Americans now have a negative view of China, while 62% (and this number must include Democrats) believe that China's power and influence are a major threat.
And Hunter Biden is still doing business with them? Why isn't this a campaign issue? The Chicoms have Joe Biden's son on their string for money and he seems to like being on their string because he likes their money.
Which is great for him but terrible for U.S. interests. Where's the foreign policy establishment anger on that one? And who the heck would vote for a presidential candidate whose kid is making money off the nation that would like to topple it from what it calls its 'hegemony'?
The whole thing reeks of corruption. This ought to be a big campaign issue to force old Joe into answering some questions.