This week we learned that Joe Biden’s son Hunter still has financial ties to the Communist government of China.
Jen Psaki was asked about it at the White House and confirmed it.
She explained that he is still working to “unwind” himself from it.
Just The News reports:
White House: Hunter Biden ‘working to unwind’ from joint venture with Communist Chinese government
President Biden’s son Hunter Biden is still “working to unwind” his financial investment in a venture with the Communist China government, White House press secretary Jen Psaki confirmed Friday.
Biden reportedly still owns a 10% stake in Bohai Harvest RST, a Chinese investment firm formed in partnership with Chinese state-owned entities. Asked about that arrangement, Psaki indicated that Hiden was in the process of extricating himself from it.
“He has been working to unwind his investment,” she said, “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.”
In October, just prior to the election, President Biden had pledged that “no one in [his] family” would “have any business relationship with anyone that relates to a foreign corporation or a foreign country.”
See the video below:
.@PressSec Jen Psaki on Hunter Biden still having a 10% stake in a Chinese investment firm formed with State-owned entities:
"He has been working to unwind his investment." pic.twitter.com/H9Zq6LT3wQ
— Benny (@bennyjohnson) February 5, 2021
Note how Jen Psaki tries to spin it by saying that Hunter is a private citizen.
That’s hardly the point, and she knows it.