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Hunter Biden, Director At China State-Backed Company (BHR Equity Investment Fund Mgmt)
forbes.com ^ | Oct 5, 2019 | Russell Flannery, Forbes Staff, Asia

Posted on 10/06/2019 12:50:25 PM PDT by Liz

Hunter Biden’s name appears on a list of directors of a state-backed equity fund in China, the South China Morning Post reported today (link at web site).

President Trump called on China to investigate the activities of former VP Biden and his family in the country. Hunter is the son of the elder Biden, a top candidate for the Democratic Party and possible Trump opponent in the 2020 U.S. presidential election.

Hunter Biden is listed as a director of BHR Equity Investment Fund Management, whose indirect shareholders include the government-controlled Bank of China, the South China Morning Post reported. He paid about $420,000 for a 10% stake in October 2017, the New York Times has reported, according to the SCMP report.

Today In: Asia Once cordial relations between Washington and Beijing have become strained as an increase in China’s wealth and power relative to the U.S. has fueled trade, technology, geopolitical and military rivalries between the world’s two largest economies.

More than half of Americans now see friction in the current U.S.-China economic relationship, according to a report in August by the Pew Research Center. Some 60% of Americans have an unfavorable view of China compared with only 26% that have a favorable view, Pew found. (See related story here.)

With the political pendulum in U.S.-China relations swinging in a cooler direction, the controversy over the Bidens may lead to more scrutiny of ties between U.S. political elite and their family members with China businesses, especially those with government ties.

Russell Flannery, senior editor, Shanghai bureau. Now in 16th year at Forbes; compiles Forbes China Rich List and the Taiwan Rich List.

(Excerpt) Read more at forbes.com ...


TOPICS: Crime/Corruption; Foreign Affairs; Government; Politics/Elections
KEYWORDS: bidenchina; bidencorrupt; bidenson; chinacompany; director; hunterbiden
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1 posted on 10/06/2019 12:50:25 PM PDT by Liz
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To: Ann Archy

p


2 posted on 10/06/2019 12:53:07 PM PDT by Liz (Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: Liz

The press is disgustingly incurious about Hunter Biden, his whereabouts, who will be his defense team, his ridiculous family life

Rudy is disgusted with Howie Kurtz as much as Howie reminded him that he was instructed by Joe Biden to not allow Rudy on. Rudy was interrupted, cut off, treated rudely


3 posted on 10/06/2019 12:55:04 PM PDT by stanne
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To: stanne

Rudy will keep pushing.


4 posted on 10/06/2019 1:11:37 PM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: Liz

What was China getting worth making Hunter Biden a director, specifically what law, regulation, policy of the U.S. was swayed in China’s favor. Lax enforcement of intellectual theft, visas for China grad students working in U.S. labs, tariffs, etc. Who else is part of the China piggy bank deal? Pelosi, Romney, Schiff? Enquiring Minds what to know. Which makes me think, where is the National Enquirer on this?


5 posted on 10/06/2019 1:12:23 PM PDT by dblshot (I am John Galt.)
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To: dp0622

Oh yes he will. This is his world. Trump’s too. Old school New Yorkers in there not giving in.


6 posted on 10/06/2019 1:14:24 PM PDT by stanne
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To: stanne

That’s us!!

Too bad so many are uber liberal.

like I said before, the only 2 powerful NYers I can be proud of.

And some local staten island reps. But not even our house member.

Russians and albanians and asians flooding in to the part of Brooklyn in our district have changed that.


7 posted on 10/06/2019 1:16:50 PM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: dp0622

Ugh. Lee Zeldin is good. He was defending Trump yesterday


8 posted on 10/06/2019 1:23:13 PM PDT by stanne
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To: Liz

Hunter being on this foreign company and that foreign company’s board of directors while daddy was VP is of no concern to many on the Hill.


9 posted on 10/06/2019 1:32:34 PM PDT by bgill
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To: Liz

Where did Hunter Biden get $420,000,00?


10 posted on 10/06/2019 1:35:27 PM PDT by LeonardFMason (Lou Dobbs)
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To: Liz
used some of his Ukraine money to buy in... wonderful
11 posted on 10/06/2019 1:37:04 PM PDT by Chode (Send bachelors, and come heavily armed!)
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To: stanne

Rep. Lee Zeldin (R-NY) after the Volker closed door hearing:
“I can’t tell you what the impeachment charges [are].

[Democrats] don’t even know.

All Democrats know is the president is guilty of something; they’re in the other room trying to figure out what that is.”


12 posted on 10/06/2019 1:39:27 PM PDT by Liz (Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: All
One of the all-time bodacious federal scams was Obama’s “stimulus program.” All the Democrats got filthy rich.
Obama appointed Biden to “oversee “stimulus money distribution.” To date, still no full accounting as to
where it all went (not to worry, Hunter knows where it is).

Missing in Action: Stimulus Sheriff Joe Biden
By Michelle Malkin - Oct 10, 2012
Copyright 2012, Creators Syndicate Inc.

Remember when President Obama bragged about Joe Biden’s fiscal discipline creds in 2009? “To you, he’s Mr. Vice President, but around the White House, we call him the Sheriff,” Obama warned government employees. “Because if you’re misusing taxpayer money, you’ll have to answer to him.” Fast-forward to 2012. Call in the search teams. Since being appointed the nation’s stimulus spending cop, Sheriff Joe has taken a permanent donut break.

He’s AWOL on oversight. In fact, he’s been bubble-wrapped, boxed and kept completely out of sight. The garrulous gaffe machine hasn’t sat down for a national media interview in five months.

The Democrats’ trillion-dollar “American Recovery and Reinvestment Act,” however, keeps piling up waste, failure, fraud and debt. Who benefited most? Big government cronies. According to Investor’s Business Daily this week, a new analysis by Ohio State University economics professor Bill Dupor reported that “(m)ore than three-quarters of the jobs created or saved by President Obama’s economic stimulus in the first year were in government.”

Dupor and another colleague had earlier concluded that the porkulus was a predictable jobs-killer that crowded out non-government jobs with make-work public jobs and programs. Indeed, the massive wealth redistribution scheme “destroyed/forestalled roughly one million private sector jobs” by siphoning tax dollars “to offset state revenue shortfalls and Medicaid increases rather than boost private sector employment.”

Will this Keynesian wreckage come up during Thursday night’s vice presidential debate? It should be a centerpiece of domestic policy discussion. Nowhere is the gulf between Obama/Biden rhetoric and reality on jobs wider. Remember: Obama’s Ivy League eggheads behind the stimulus promised that “(m)ore than 90 percent of the jobs created are likely to be in the private sector.” These are the same feckless economic advisers who infamously vowed that the stimulus would keep unemployment below 8 percent — and that unemployment would drop below 6 percent sometime this year. Sheriff Joe rebuked the “naysayers” who decried the behemoth stimulus program’s waste, fraud and abuse. “You know what? They were wrong,” he crowed.

But Biden was radio silent about the nearly 4,000 stimulus recipients who received $24 billion in Recovery Act funds — while owing more than $750 million in unpaid corporate, payroll and other taxes. (Cash for Tax Cheats, anyone?)

He had nothing to say about:
<><> $6B in Homeowners' stimulus energy credits showered on nearly 1/3 of credit-claimers who had no record of homeownership, including minors and prisoners.
<><> $530 million dumped into profligate Detroit public schools for laptops and other electronics that had little, if any, measurable academic benefits.
<><> the whopping $6.7 million cost per job under the $50 billion stimulus-funded green energy loan program —
<><> stimulus funded politically connected (now bankrupt) solar firms,
<><> money laundries included Solyndra ($535M ), Abound Solar ($40M), Beacon Power ($43M), A123 ($250M) and Ener1 ($119M).
<><> $1 million stimulus went to Big Bird and Sesame Street “to promote healthy eating,” which created a theoretical “1.47” jobs (about $726,000 per job created.”)
<><> hundreds of stimulus millions to govt GSA junkets in Las Vegas and Hawaii,
<><> hundreds of millions to ghost congressional districts, dead people,
<><> hundreds of millions for infrastructures to nowhere and
<><> hundreds of stimulus propaganda road signs stamped with the shovel-ready logo.

Of course, there’s no example of unfettered stimulus squandering more fitting than the one named after Keystone Fiscal Kop Joe Biden himself. Government-funded Amtrak’s Wilmington, Del., station raked in $20 million in “recovery” money after heavy personal lobbying by the state’s most prominent customer and cheerleader. In return, the station (which came in $6 million over budget, according to The Washington Times) renamed its facility after Biden. Bloated costs.

Crony political narcissism. Glaring conflicts of interest. Monumental waste.

This is the Obama/Biden stimulus legacy bequeathed to our children and their grandchildren. Sheriff Joe and his plundering boss need to be run out of town on a rail.

SOURCE http://dyn.realclearpolitics.com/topic/v/Vice_President_/

13 posted on 10/06/2019 1:42:36 PM PDT by Liz (Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: Liz

Obama wasn’t the first to use this tactic. Clinton did it too. They call it stimulus to mask it but it is just a payoff to campaign supporters and essentially began the pay for play that the RAT party has turned into.

The interesting thing about the Ukraine company now is that there are 4 members of the Board— 2 are Americans. One is a former CIA officer and the other one is a former investment banker with extensive eastern European experience. No way Hunter Biden gets that gig without corruption.


14 posted on 10/06/2019 1:47:04 PM PDT by 1L
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To: Liz

Old time New York. Eye-roll. Getting right to the truth - no time for this BS. Quit clowning around. Business to take care of.


15 posted on 10/06/2019 1:50:37 PM PDT by stanne
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To: Liz

Well that explains the Dems’ opposition to tariffs; Trump’s tariffs threaten to lay bare the corrupt American politicians’ pay to play import schemes with China. Say that’s some nice import product there....be ashamed if the American market got closed to you.

By applying tariffs, the corruption gets exposed because the Chinese don’t need to play ball with so-called Americans with Very Influential Relatives(AWVIRS) on their various boards of trade since these Americans have no more influence on who trades or who gets aid...ect.

Trump has exposed the graft but I fear for his life.


16 posted on 10/06/2019 1:52:39 PM PDT by mdmathis6
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To: LeonardFMason

He quit cocaine for a month.


17 posted on 10/06/2019 1:57:27 PM PDT by Fido969 (In!)
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To: stanne

I don’t know who he is i will look him up


18 posted on 10/06/2019 2:05:05 PM PDT by dp0622 (Bad, bad company Till the day I die.)
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To: stanne

“The press is disgustingly incurious about Hunter Biden,”

< / s >


19 posted on 10/06/2019 2:09:46 PM PDT by TexasGator (Z1z)
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To: dp0622

Eastern Suffolk. Big chunk of Long Island

“Donald Trump won the district by 9 percentage points over Hillary Clinton in the 2016 presidential election.”


20 posted on 10/06/2019 2:14:15 PM PDT by stanne
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