Hunter Biden’s Chinese Firm Buy’s Out American Company to Create Jobs Overseas

Democrat presidential candidate Joe Biden delivered a speech in Macomb County, Michigan, on Wednesday, slamming the practice of outsourcing. Unmentioned was his son Hunter’s ties to a Chinese government acquisition of a Michigan company that is delivering jobs to China, Mexico, Europe, and South America. . .

Biden’s pitch, though, is muffled by his son Hunter’s ties to the Chinese government.

First detailed in Peter Schweizer’s, president of the Government Accountability Institute and senior contributor at Breitbart News, 2018 New York Times bestseller Secret Empires, Hunter Biden sat on the board of directors of Bohai Harvest RST (BHR), a private equity firm he founded that was funded with $1.5 billion from the Chinese government via the Bank of China.

The dealings of BHR, from which Hunter Biden stepped down in October 2019, were most recently noted in Schweizer’s Profiles in Corruption.

Specifically, Hunter Biden sat on the board of BHR while the firm jointly acquired Michigan-based Henniges Automotive with the Chinese government-owned Aviation Industry Corporation of China (AVIC) for $600 million. . .

While the deal was finalized and afterward, executives at Henniges announced manufacturing expansions in China, Mexico, Germany, Poland, the Czech Republic, and South America.

via joemiller

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