The Biden’s have a history of shady deals with foreign governments that spans decades.
The Biden family scored $31 million from five deals in China, all with individuals with direct ties to the Chinese spy apparatus, according to a bombshell new book.
Multiple financiers with direct ties to Chinese intelligence partnered with Hunter Biden during and after his father’s time as Vice President — including the former head of the Ministry of State Security and the head of foreign intelligence recruitment — and some of those relationships remain intact, according to Red-Handed: How American Elites Get Rich Helping China Win, by Breitbart News senior contributor Peter Schweizer.
Schweizer explains that Beijing saw a financial relationship with the Bidens as an opening for “elite capture,” which allowed Hunter Biden to secure meetings and score major deals with people in the highest levels of Chinese financial institutions and the Chinese Communist Party — and in return they would be able to leverage the Bidens’ power for their interests.
One of the central early players in the Bidens’ Chinese deals is a tycoon by the name of Che Feng, or “The Super Chairman,” as Hunter and his partners referred to him.
Che, the son of a PLA soldier, has been described in Western media as “a shadowy and discreet investor,” whose father-in-law was the governor of the People’s Bank of China, and whose business partner was the Vice Minister of State Security, a man by the name of Ma Jian. Schweizer writes that Ma was reportedly the director of the ministry’s No. 8 Bureau, overseeing North American operations targeting foreigners with its counterintelligence apparatus.
“The hazard of a Chinese businessman with close ties to the top ranks of Beijing’s spy agency conducting financial transactions with the son of the U.S. vice president cannot be overstated. How this did not set off national security or ethics alarm bells in Washington is a wonder in itself,” Schweizer writes in Red-Handed.
The Super Chairman was meant to “fuse Chinese financial might to those with access to the highest levels of power in the Western world,” which led to the creation of Bohai Harvest RST (BHR), “funded by China’s biggest government-backed financial institutions,” with the Biden scion and his American partners.
Another partner the Bidens were introduced to via “The Super Chairman” is Zhao Xuejun (aka Henry Zhao), who formed Harvest Fund Management. Zhao was the chairman and Chinese Communist Party general secretary at the firm.
Zhao had another company called “Harvest Global Investments,” which he co-founded with Jia Liqing, the daughter-in-law of a member of the Politburo Standing Committee at the time. Jia Chunwang, Liqing’s father, is the former minister of state security, “in charge of secret service, espionage, and domestic and overseas intelligence work.” That firm, Harvest Global Investments, wired $5 million to another Hunter Biden business called Burnham.
“There is no one more powerful in the world of Chinese intelligence,” Schweizer writes. “The seductive and lucrative deal that Hunter was now putting into place, creating BHR, involved two financiers with ties to the highest levels of Chinese intelligence, a billion-dollar private equity deal that we first exposed in Secret Empires. What we now know are the roles played by the spy-connected ‘Super Chairman’ and Zhao.”
……Eventually, Hunter would be introduced to CEFC China Energy Chairman Ye Jiemaing (Jainming), with whom he would develop a close working relationship and would speak, according to Hunter, “on a regular basis.”
Hunter served as Ye’s “personal counsel,” and also worked with him to broaden CEFC as a global energy company with holdings in Oman, Romania, Colombia, and Luxembourg.
However, Ye also had close Chinese intelligence ties: “CEFC was housed in a complex in Shanghai’s French Concession section, an area ‘primarily controlled by China’s military.’ One of Ye’s early business partners was the granddaughter of ‘one of the founders of China’s military,’ Marshal Ye Jianying.”
“The corporate logo of the company Hunter Biden was now advising, and which would pay him millions, features a star. According to company records on its English website, it represents ‘civil rights.’ However, on the company’s Chinese-language site, the star signifies that ‘this organization will play a strong and powerful role for the interests of the Chinese state and nation,’” Schweizer writes.
CEFC was also a direct beneficiary to the Chinese military, as the company played a central role in China’s Belt and Road Initiative, and was an oil supplier to the People’s Liberation Army.
Hunter would set up two entities with Ye, Hudson West IV and SinoHawk, to allow the Chairman to invest in U.S. infrastructure. In total, the Biden family received some $6 million from Ye’s companies.
Hunter Biden made it clear that one of his goals was for him and his associates to avoid violating the anti-bribery Foreign Corrupt Practices Act or having to register as foreign agents as he pursued potentially lucrative deals with a Chinese Communist Party-connected company, according to newly released texts from his ex-business partner Tony Bobulinski.
“No matter what it will need to be a U.S. company at some level in order for us to make bids on federal and state-funded projects. Also we don’t want to have to register as foreign agents under the FCPA [Foreign Corrupt Practices Act] which is much more expansive than people who should know choose not to know. James has very particular opinions about this so I would ask him about the foreign entity,” Biden texted Bobulinski on May 1, 2017. “Regardless, we should have a DE [Delaware] come (sic) called CEFC America and ownership should be 50 me 50 them. We then cut up our 50 in a separate entity between the 4 of us. Create that company call it BWBG or whatever it’s just a pass through.”
……The Justice Department says that the Foreign Corrupt Practices Act “was enacted for the purpose of making it unlawful for certain classes of persons and entities to make payments to foreign government officials to assist in obtaining or retaining business.” It is possible that Hunter Biden may have also been thinking of the Foreign Agents Registration Act, a law that “requires certain agents of foreign principals … to make periodic public disclosure of their relationship with the foreign principal.”
When Patrick Ho, one of Ye’s lieutenants, was charged by the Justice Department in 2017, the first call he made after his arrest was to Joe Biden’s brother, Jim, who has said he thought the call was meant for Hunter Biden. Ho was indicted under the Foreign Corrupt Practices Act in the Southern District of New York for his role in a global money laundering and bribery scheme aimed at government officials in Africa. Ho was sentenced to three years in federal prison in March 2019 and was deported to Hong Kong in June. Ho tried reaching out to Joe Biden’s son for help because he agreed to represent Ho as part of his efforts to work out a natural gas deal with Ye.
The Biden Crime Syndicate made millions off the Chinese. The level of corruption involved with their China/Ukraine deals is off the charts. The Bidens used foreign deals and connections with Ukraine and China to enrich themselves. They laundered money, committed tax evasion, and violated the Foreign Corrupt Practices Act.
Hunter Biden’s laptop has a trove of evidence pertaining to his and his father’s illicit transactions.
If this had been the Trump family….you know the rest.
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