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American Princelings: Hunter Biden and other children of political leaders are favored elites in the Chinese mode.
City Journal ^ | October 14, 2020 | Helen Raleigh

Posted on 10/15/2020 3:42:15 AM PDT by karpov

Mainstream media have mostly ignored or dismissed as “old claims” the interim Senate report into Hunter Biden’s shady business dealings in Ukraine, but the most explosive content in the report may be his engagement with China. The report details how the Democratic presidential nominee’s son has “extensive connections to Chinese businesses and Chinese foreign nationals that are linked to the Communist government.”

Consider, for example, the Bohai Harvest RST (BHR) investment fund, partly owned and directed by Hunter Biden and Chris Heinz, the stepson of former Secretary of State John Kerry, through their private equity fund, Rosemont Seneca Partners. Chinese companies, including some large state-owned enterprises such as the Bank of China (BOC), controlled and funded 80 percent of BHR, and Chinese government authorities approved the deal to establish the fund after Hunter Biden traveled to China with then-Vice President Joe Biden in 2013.

Why would China’s largest state-owned bank—whose mandate is to support the Chinese government’s strategic goals with capital—want to start a business with a relatively small and unknown American private equity fund? The obvious answer is to buy influence in the United States through the children of two of the most prominent officials in the Obama administration.

Beijing’s investment in BHR soon paid off. In 2015, the fund played a key role in securing approval by the Obama administration and the Committee on Foreign Investment in the United States (CFIUS) for the sale of the Michigan-based Henniges Automotive to one of China’s main military aircraft makers, Aviation Industry Corporation of China (AVIC). The approval of this deal surprised many. AVIC had previously been in the news for allegedly stealing “technologies related to the US F-35 stealth fighter,” technologies then used in China’s own new stealth fighter, the J-31.

(Excerpt) Read more at city-journal.org ...


TOPICS: Crime/Corruption; Politics/Elections
KEYWORDS: biden; china; hunterbiden

1 posted on 10/15/2020 3:42:15 AM PDT by karpov
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To: karpov

Here is the problem, CHINA


2 posted on 10/15/2020 3:48:03 AM PDT by ronnie raygun ( Massive mistakes are made by arrogant fools; massive evils are committed by evil people.")
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To: karpov

Treasonous bastards. One and all.


3 posted on 10/15/2020 3:48:04 AM PDT by HighSierra5
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To: karpov

Has any China-related scandal been connected with Chelsea?


4 posted on 10/15/2020 3:54:15 AM PDT by MayflowerMadam (Disappointment is inevitable. Discouragement is a choice.)
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To: ronnie raygun

Bookmark


5 posted on 10/15/2020 4:05:41 AM PDT by kelly4c
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To: ronnie raygun
China is not the problem. The problem is the super corrupt American politicians like John Kerry and Joe Biden and Hilary Clinton.
6 posted on 10/15/2020 4:06:10 AM PDT by SmokingJoe
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To: HighSierra5
We really need to clean out these corrupt bastards in both parties. They have been selling us out for the last few decades. If people want to know why most of the good paying jobs went to China just look at the payoffs our corrupt politicians and their family members got. This is treason. Obama , Hillary, Biden and many more should be swinging from trees for treason.
7 posted on 10/15/2020 4:11:11 AM PDT by Rdct29 (Democrats are the new Nazi's. They think they deserve total control over the people)
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To: karpov
I'll just toss this in here since it's China related...

Ant Group’s INCLUSION Fintech Conference Debuts in Shanghai

8 posted on 10/15/2020 4:11:58 AM PDT by mewzilla (Break out the mustard seeds.)
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To: karpov

Wait until Pelosi’s son becomes front page news. The walls will really come tumbling down then. Or so I hope.


9 posted on 10/15/2020 4:14:08 AM PDT by JustaCowgirl (A vote for Joe Biden is a vote for empty smirking pantsuit Kamala Harris for President)
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To: karpov

This is political corruption.


10 posted on 10/15/2020 4:23:58 AM PDT by The_Media_never_lie (She's a raving lunatic, Jim!)
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To: karpov

that is exactly why all this stuff about Hunter Biden appears to be of little interest to those in Congress. My bet is that if you look at the sons, daughters, brothers, sisters of all those in congress, you will find a lot of cashing in on their family members’ status as a congressman, senator, cabinet member, etc.


11 posted on 10/15/2020 4:30:17 AM PDT by euram
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To: euram
The “legal” corruption by family and close friends of people high up in government is described very well in Peter Schweizer’s outstanding book “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends.”

Spouses must be included on financial disclosure forms. No disclosure is required from any other family member.

Congress writes the laws to protect themselves and to keep the money flowing. This is one of the main reasons that the entire swamp is protecting itself and will do anything to defeat Trump.

12 posted on 10/15/2020 4:44:58 AM PDT by Freee-dame
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To: Freee-dame
You nailed - and very good book that explains it...
13 posted on 10/15/2020 5:15:32 AM PDT by 103198 (It's the metadata stupid...)
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