OPINION
6 facts about Hunter Biden’s business dealings in China
By Peter Schweizer and Jacob McLeod
October 10, 2019 | 4:35pm
Hunter Biden
Paul Morigi
The furor over Trump’s call for Ukraine to investigate Hunter Biden’s business has brought the spotlight back to the former second family’s international dealings.
While his Ukrainian business is currently receiving most of the attention, Hunter’s dealings in China deserve at least as much scrutiny.
Trained as a lawyer at Yale, Hunter had primarily worked as a lobbyist and consultant. His previous foray into finance services, Paradigm Global Advisors, shut down after its links to Stanford Financial, a multibillion dollar ponzi scheme, surfaced.
In 2009, Hunter co-founded a new venture, Rosemont Seneca Partners. Rosemont and Hunter were given extraordinary opportunities in China while his father was vice president. Here are some key facts:
1. Joe Biden met with Hunter’s Chinese partners days before they established a new investment firm.
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READ MORE: https://nypost.com/2019/10/10/6-facts-about-hunter-bidens-business-dealings-in-china/
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1. Joe Biden met with Hunter’s Chinese partners days before they established a new investment firm.
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2. BHR is a multi-billion-dollar enterprise.
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3. Hunter and his partners had prominent roles within the company.
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4. BHR represented a unique investment opportunity.
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5. BHR invested in strategically sensitive assets in both China and the United States.
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6. It wasn’t an isolated incident.
In 2015, a state-backed real estate conglomerate acquired a controlling stake in Rosemont Realty, a sister company of Rosemont Seneca where Hunter served as an advisor. As part of the deal, the Chinese promised $3 billion for commercial office property acquisitions in the US — a major windfall for the company.
It wouldn’t be Hunter’s last episode with Chinese capital. In May 2017, he met with Ye Jianming, chairman of Chinese energy company CEFC, to discuss investment opportunities in the US. After the meeting, Ye sent a 2.8-carat diamond to Hunter along with a “thank you” card. When, six months later, a CEFC executive was arrested in New York on unrelated bribery charges, his first phone call was to Hunter’s uncle, James Biden. James told the New York Times that “he believed it [the call] had been meant for Hunter” and that “he had passed on his nephew’s contact information.”
Ye, now accused of bribing a Communist Party official, has since been detained in his native China.
All of this adds up to an extremely troubling pattern. Much of the media, as they so often do, have chosen to air the spin, rather than the facts, on this issue. 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.
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