As mentioned earlier, Peter Schweizer has released documents detailing Hunter Biden and a company that China invested $1.5 billion in. The reason for China’s interest was to use Hunter Biden for his “networks” (aka his daddy being Vice President). Crackhead Hunter Biden tried to deny that he had any involvement with China. The company in question is called BHR.
We are releasing documents related to #HunterBiden and China that lays out his role at the Chinese government backed firm. Firm says they wanted to use his "networks." More documents will be coming. https://t.co/Koa3dVJblG
— Peter Schweizer (@peterschweizer) September 30, 2019
| Peter Schweizer documents show Hunter Biden backed by $1.5 billion in Chinese money |
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One of the companies in the 2015 deal was Bohai Harvest RST (BHR), a billion-dollar investment fund backed by China that was formed by Hunter Biden and Chris Heinz, the stepson of then-Secretary of State John Kerry.
The state government’s Aviation Industry Corporation of China teamed with BHR to buy Henniges Automotive, a producer of high-tech, anti-vibration components for automobiles.
“The direct involvement of Mr. Hunter Biden and Mr. Heinz in the acquisition of Henniges by the Chinese government creates a potential conflict of interest,” Mr. Grassley wrote in an Aug. 15 letter to Treasury Secretary Steven T. Mnuchin…
…The $600 million acquisition of Henniges gave the Chinese aviation firm a 51% stake in the business and direct control of the anti-vibration technology. BHR got a 49% share of the business.
“The appearance of potential conflicts in this case is particularly troubling given Mr. Biden’s and Mr. Heinz’s history of investing in and collaborating with Chinese companies, including at least one posing significant national security concerns,” Mr. Grassley wrote.