Hunter Biden is walking away from the board of a Chinese-backed private equity company as part of a public pledge to disavow all foreign work if his father, former U.S. Vice President Joe Biden, gains the presidency in 2020.
Joe Biden’s second son made his move after a month of pushing by U.S. President Donald Trump who has publicly highlighted the perceived – and real – conflicts of interest represented by Biden’s work in Asia.
A statement released on his behalf by his legal counsel George Mesires said his relationship with the management company of a private equity fund that’s backed by Chinese state-owned entities will end within weeks.
The 49-year-old doesn’t state whether he will be divesting from BHR (Shanghai) Equity Investment Fund Management Company. The company was set up in 2013 to invest Chinese capital outside of China.
Watch: UK ‘Enforcement Officers’ See Alleged Immigrant Kick Brit Off His Bicycle, Then Assist Attacker’s Escape
BREAKING: Suspected Illegal Dead After Trying to Run Over ICE Agent Who Has Excellent Aim
Abigail Spanberger’s Virginia a ‘hotbed’ for illegal immigrant crime, DHS says after latest rape charge
Platner’s three-day vetting job comes back to haunt Dems as rape allegation rocks Senate bid
ICE says officer shot and killed illegal immigrant who tried to ram him with car in Houston
Tattooed arm in Illinois lake leads police to freezer with slain man’s head, neck and torso
Netanyahu’s Cabinet calls High Court a ‘judicial mafia’ and ‘gang of dictators’
Look at What All the Dems Suddenly Turning on Platner Said After His Numerous Other Credible Disqualifying Scandals
Woman suspected in Monaco bombing found shot dead in Ukraine
SPLC arraigned on superseding charges of donor fraud
Shock Report: Macron and France Were Prepared for ‘War’ with America After Maduro Raid
VIDEO: Suspected Antifa Surgical Strike Leaves Conservative Streamer’s Wife, Bedroom Soaked in Chemical Irritant
Progressive Dems’ full-throated Platner endorsements come back to haunt them after rape allegations
Smithsonian’s American History Museum Engages In ‘Extreme Political Activism,’ New White House Report Concludes
Kingmaker Mamdani calls on Platner to ‘drop out of the race’ after rape allegation
Instead the young Biden pledged he wouldn’t work for any foreign-owned companies or serve on their boards during a potential Biden administration.
“Hunter always understood that his father would be guided, entirely and unequivocally, by established U.S. policy, regardless of its effects on Hunter’s professional interests,” the statement said. “He never anticipated the barrage of false charges against both him and his father by the President of the United States.”
Just two days ago Trump again highlighted the problem of Hunter Biden seeking work overseas during a political rally in Louisiana, as Breitbart News reported.
Watch: UK ‘Enforcement Officers’ See Alleged Immigrant Kick Brit Off His Bicycle, Then Assist Attacker’s Escape
BREAKING: Suspected Illegal Dead After Trying to Run Over ICE Agent Who Has Excellent Aim
Abigail Spanberger’s Virginia a ‘hotbed’ for illegal immigrant crime, DHS says after latest rape charge
Platner’s three-day vetting job comes back to haunt Dems as rape allegation rocks Senate bid
ICE says officer shot and killed illegal immigrant who tried to ram him with car in Houston
Tattooed arm in Illinois lake leads police to freezer with slain man’s head, neck and torso
Netanyahu’s Cabinet calls High Court a ‘judicial mafia’ and ‘gang of dictators’
Look at What All the Dems Suddenly Turning on Platner Said After His Numerous Other Credible Disqualifying Scandals
Woman suspected in Monaco bombing found shot dead in Ukraine
SPLC arraigned on superseding charges of donor fraud
Shock Report: Macron and France Were Prepared for ‘War’ with America After Maduro Raid
VIDEO: Suspected Antifa Surgical Strike Leaves Conservative Streamer’s Wife, Bedroom Soaked in Chemical Irritant
Progressive Dems’ full-throated Platner endorsements come back to haunt them after rape allegations
Smithsonian’s American History Museum Engages In ‘Extreme Political Activism,’ New White House Report Concludes
Kingmaker Mamdani calls on Platner to ‘drop out of the race’ after rape allegation
Trump then ripped Hunter for leaving China with $1.5 billion in investments from the bank of China despite knowing “nothing” and mocked the news broadcasts for repeatedly saying that Trump’s claims of corruption were “totally unsubstantiated” … at Biden’s request.
“It’s not unsubstantiated, he took a fortune out of Ukraine, knew nothing, took a fortune out of China,” he said.
He expressed skepticism Hunter Biden was able to get $1.5 billion in Chinese investments because they thought he was a good investment.
“For a guy to walk in from off the street with no experience, a bad track record, just got thrown out of the navy, and he walks away with $1.5 billion?” Trump said.
Story cited here.
