Hunter Biden Still Owns 10% of Chinese Firm Linked to Espionage, Human-Rights Abuses

'My son, my family will not be involved in any business enterprise that ... appears to be in conflict with where there’s appropriate distance from the presidency...'

Hunter Biden, son of President Joe Biden, still holds equity in an investment firm that has invested in Chinese companies sanctioned by the U.S.

Records show Hunter Biden still has a 10% stake in Bohai Harvest RST Equity Investment Fund Management Company, a joint venture between Biden’s Rosemont Seneca firm and a state-backed Chinese firm.

As part of its investment strategy, the BHR fund reportedly channeled money to a Chinese technology company accused of assisting in the Chinese Communist Party’s human-rights abuses against Uyghur Muslims.

It also invested in a nuclear company that allegedly conspired to steal U.S. nuclear technology for China.

...article continued below
- Advertisement -

Both Megvii Technology and the state-owned China General Nuclear Power Group have been sanctioned by the U.S. government.

Despite this, and despite the Democrat president’s promise not to allow his family members to have any foreign business ties, Hunter Biden continues to hold his seat on BHR’s board.

“My son, my family will not be involved in any business enterprise that is in conflict with or appears to be in conflict with where there’s appropriate distance from the presidency and the government,” Joe Biden claimed during the 2020 presidential election.

In February, White House press secretary Jen Psaki insisted Hunter Biden was trying to distance himself from BHR.

...article continued below
- Advertisement -

“He has been working to unwind his investment but I would certainly point you—he’s a private citizen—I would point you to him or his lawyers on the outside on any update,” she said at the time.

Hunter Biden is currently being investigated by federal authorities for potential tax fraud and money laundering. The investigation might also cover Hunter Biden’s foreign business dealings, including his transactions with China.

Earlier this year, Hunter Biden claimed he is “100% certain” he will be cleared of any wrongdoing when the Justice Department investigation is completed.

 I’m cooperating completely. And I’m absolutely certain—I’m 100% certain—that at the end of the investigation, I will be cleared of any wrongdoing,” he said. “And all I can do is cooperate and trust in the process.”

- Advertisement -


Group Sues Austin for Ignoring Referendum Outcome, Doing NOTHING About Homeless

(Bethany Blankley, The Center Square) Save Austin Now and four businesses are suing the city of Austin, claiming it is not fully implementing Proposition B,...

74% of Scholars Punished in Campus Campaigns to Stifle Speech

(TheFire.org) A new report from the Foundation for Individual Rights in Education shows an alarming 74% success rate for campaigns targeting collegiate scholars for their constitutionally...

Biden’s Call for Vaccine Mandates Hits NFL Fans

(Casey Harper, The Center Square) President Joe Biden invited business leaders to the White House Wednesday to pitch them on vaccine requirements after his announcement...

Portland Backs Off Texas Boycott; Allocates $200K to Fund Abortions Instead

(Headline USA) The City Council in Portland, Oregon, abandoned a plan to boycott Texas businesses because of a new law that prohibits most abortions...

Dems Put Amnesty for 8M Illegals in Budget Bill, Draining Social Security, Medicare

Congressional Democrats plan to grant amnesty to 8 million illegal aliens in a budget reconciliation bill, which would cost the underfunded Social Security and...

Treasury Dept Seeks to Track Transactions of Bank Accounts Over $600

(Peter Jacobsen, Foundation for Economic Education) In May, the Treasury Department released the Biden administration’s revenue proposals for fiscal year 2022. One aspect of this document...

Republican Gov. Wants Statewide Mask Mandate; Legislature Won’t Let Him

(J.D. Davidson, The Center Square) Ohio Gov. Mike DeWine said he wants to impose a new mask mandate but feared a fight with the General...

Genealogist Says Biden’s Ancestors Owned Slaves

Genealogist Alexander Bannerman said he found evidence that two of President Joe Biden’s ancestors owned slaves during the 19th century. While he was conducting research...

Fed. Court Upholds NSA’s ‘State Secrets’ Claim in Domestic Spying Case

(Headline USA) A divided federal appeals court has upheld the dismissal of an ACLU lawsuit challenging a portion of the National Security Agency's warrantless...
- Advertisement -