Hunter Biden still owns a 10% stake in a Chinese Company according to reports.
NEW: Despite multiple reports from December suggesting he was divesting his position in the company, business records show Hunter Biden continues to hold a 10% stake in the Chinese private equity firm BHR Partners.
— Daily Caller (@DailyCaller) January 28, 2021
Hunter Biden continues to hold a 10% stake in the Chinese private equity firm BHR Partners, Chinese business records show, despite multiple reports from December suggesting he was divesting his position in the company.
Both the Daily Mail and Fox News reported in late December that Hunter Biden was in the process of offloading his stake in BHR. Both outlets cited an unnamed source with Hunter Biden and his business dealings.
But Hunter Biden continues to hold his equity stake in BHR through his company, Skaneateles LLC, as of Wednesday, according to Qixinbao and Baidu, two independent services that provide business records on Chinese corporations based on China’s National Credit Information Publicity System.
Hunter Biden is the sole beneficial owner of Skaneateles LLC, according to Washington D.C. corporate records.
We reported on this in late December as well:
Remember Hunter Biden is advising Joe on China.
According to Jack Posobiec, Hunter Biden advised Joe Biden on a China-related issue.
BREAKING: Hunter Biden advised his father to not have a strong respond to China’s breaches of Taiwan air defense zone, per WH official. “Don’t take the bait, Dad”
— Jack Posobiec 🇺🇸 (@JackPosobiec) January 24, 2021
Now, you would think that if Hunter Biden advised him on this that he may also be advising him on other issues related to China.
You can’t make this up.
We have reported extensively on Hunter Biden’s ties to China.
Biden knows no one will call him on this.
Hunter Biden still owns a 10% in a Chinese private equity firm, business records show.
Hunter Biden still owns 10% stake in a Chinese private equity firm, business records show.
Joe Biden, set to take office in less than a month, promised his family members wouldn’t have foreign business entanglements if he was elected https://t.co/0lvf76Uzsx
— Peter J. Hasson (@peterjhasson) December 24, 2020
President-elect Joe Biden’s son Hunter still owns a 10% stake in a Chinese private equity firm, less than one month before his father is set to take office, business records reviewed by Fox News show.
The development, first reported by the Wall Street Journal, contradicts Joe Biden’s October 2019 pledge to keep his family free of foreign entanglements if he was elected president.
“No one in my family will have an office in the White House, will sit in on meetings as if they are a cabinet member, will, in fact, have any business relationship with anyone that relates to a foreign corporation or a foreign country,” the older Biden said at the time.
Chinese business records reviewed by Fox News show that a U.S. company, Skaneateles LLC, owns a 10% equity stake in Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co. Hunter Biden is the sole beneficial owner of Skaneateles, according to Washington corporate records.
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