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Newt Gingrich: How the Bidens worked with China to get rich — at America's expense


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Fox News

When then-Vice President Joe Biden took an official trip to China in 2013, he brought along his son, Hunter Biden. Ten days after the trip, Hunter’s small investment firm partnered with the state-owned Bank of China to establish Bohai Harvest RST (BHR), a private equity fund. The new company ended up raking in some $1.5 billion from the deal.

 

 

Curiously, Hunter had no background in private equity and no relevant expertise. Moreover, Hunter had no serious experience in China. We now know from newly released travel records that Hunter traveled to China five times between 2009 and 2014, but that’s it.

Hunter did have one important qualification, though: He was the son of a sitting vice president. Even more striking, then-President Obama had effectively made Biden the administration’s point man for dealing with China. It would be willful blindness to ignore this fact.

This is just one piece of the remarkable — and largely hidden — story of the troubling financial relationship between the Biden family and the Chinese government. This relationship led to shady business deals that enriched the Bidens, in some cases at America’s expense.

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