Hunter Biden Still Holds Stake In Chinese Firm Despite Promise To Resign From Board

America’s relationship with China is going to play a key role in the 2020 election.

That was going to be the case anyway, but after the Coronavirus crisis, it’s an even bigger and more serious issue.

Knowing that, isn’t Hunter Biden’s China connection even more of a problem than before?

Despite what he has said, he still has a stake in a Chinese firm.

The Washington Examiner reports:

Records show Hunter Biden still controls 10% stake in Chinese firm despite leaving its board

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Documents show Hunter Biden still controls a stake in a Chinese investment firm despite his promise to resign from the company’s board and a pledge from his father Joe Biden that no one in the family will have foreign business entanglements if he is elected in November.

The troubled son of Joe Biden, a former vice president who is now the presumptive 2020 Democratic presidential nominee, holds a 10% equity stake in the Chinese government-linked Bohai Harvest RST (Shanghai) Equity Investment Fund Management Company, according to Chinese business records first reported by the Daily Caller.

Through his lawyer, Hunter had promised to leave the board of the Chinese firm by the end of October 2019, but his resignation was only submitted to China’s National Credit Information Publicity System this spring. Two Chinese business websites run by Baidu and Qixin both show updates with Hunter’s name being removed from the BHR board of directors in April, but both also show an LLC owned solely by Hunter — Skaneateles — as still being a “sponsor/shareholder” with 3 million yuan invested in the company, purportedly comprising the 10% stake in the China-based business venture.

Isn’t this a conflict of interests for Joe Biden?

Imagine how the media would treat this if it was Donald Trump Jr.

 

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