Breitbart:
Hunter Biden’s Chinese investment firm assisted China’s acquisition of “strategically sensitive assets” in the United States, according to a New York Post op-ed by the Government Accountability Institute’s Peter Schweizer and Jacob McLeod.
Schweizer and McLeod provide further details on the investments former Vice President Joe Biden’s son, Hunter Biden, facilitated via his Chinese-backed investment firm.
In 2013, less than two weeks after accompanying his father on an official visit to Beijing–and despite his lack of pertinent expertise–Hunter Biden secured $1 billion (later raised to $1.5 billion) from the state-owned Bank of China for his newly formed investment firm, Bohai Harvest RST (BHR). This was in addition to the first-of-its-kind deal the Chinese government awarded Biden’s private equity firm Rosemont Seneca in the recently formed Shanghai Free-Trade Zone, a deal that allowed the firm to focus on international acquisitions.
“With the backing of the state-owned Bank of China, one of the country’s ‘big four’ financial institutions, BHR had access to the types of deals that most Western firms only dreamed of, including IPOs of state-owned companies,” Schweizer and McLeod write, noting that Biden’s firm “invested in strategically sensitive assets in both China and the United States.”
They write:
In December 2014, BHR became an “anchor investor” in the IPO of China General Nuclear Power Company (CGN), a state-owned nuclear company involved in the development of nuclear reactors. Not only is CGN a strategically important company in China, it was also facing legal scrutiny in the United States. In 2016, CGN was charged with espionage by the Justice Department for stealing US nuclear secrets.
As a “cross-border” investment fund, Bohai Harvest was interested in making deals outside of China. In 2015, BHR acquired Henniges Automotive, a Michigan-based producer of vibration-dampening equipment, alongside Chinese military contractor Aviation Industry Corp. of China (AVIC). Given the military applications of Henniges’ technology, the deal required federal approval. Like CGN, AVIC was suspected of stealing US technology for its purposes.
Not long after the Henniges deal closed, AVIC debuted its new J-20 fighter — incorporating designs allegedly stolen from the US’ F-35 program.
Schweizer and McLeod conclude by asking, “Did the Chinese give favorable treatment to Hunter Biden to curry favor with his vice-president father? The American public deserves to understand what exactly Hunter Biden was doing overseas and the extent of then-Vice President Biden’s involvement.” read more
WHO IS HUNTING FOR HUNTER??
So did Space Systems Loral. At the bequest of Bill Clinton. Remember that? I was a vendor at the time.
The Biden’s obviously took lessons from the Clinton’s.
Since the Clinton’s have yet to be prosecuted for anything, I’m not expecting anything here any time soon.
It’s just ‘par-for-the-course’ disgusting news.
Hunter and Bill can both be hanged together!!!
somebody need to do a documentary on this traitorous mendacity … Trump needs to get hold of the NPR & get someone to produce the selling-out to the ChiComs by the Clinton/Obama/Biden Cabal
… don’t forget to include the ties to Putin & the Ukraine
everyone knows this is happening. it’s no secret … sick of this shit
they can hang together or seperatly if they last that long. I bet that crack head hunter can really sing…..
anyone seen him lately???
This goes right up to Bill Clinton and Obama.
Evidently the definition of treason is no longer what it used to be when coke-headed, lying, cheating, drunken loser can sell out our nation for personal gain to the tune of Billions just because he’s a member of the Lucky Sperm Club!
Not that I think of it, I can’t believe i just said that someone who came from the loins (girded or not) of a Tourettes-addled, grinning imbecile with the mental agility of a small soap dish could actually be in a Lucky Sperm Club!! My Gawd! This society’s underpinnings are truly crumbling!
I thought between Bill & Hillary selling military blueprints on their way out of the WH, and her server transmitting straight to Beijing, China already had everything they paid for?
Actually Hunter was underpaid. Just imagine, given the costs to redevelop, re-strategize, and redeploy nat’l security plans/defenses, how much the new plans were worth.
Just kidding…..our govt likes to lull us into a false sense of security by touting huge military budgets and ever expanding IC agencies/contractors.
Whatever “state of the art technology” exists, there’s always a buyer and a seller.