Steve Hilton: China Is ‘Funding Biden Family Businesses’ with ‘Billions of Dollars’Breitbart, Apr 29, 2019, Robert Kraychik
On Sunday, Fox News Channel’s Steve Hilton reported on Peter Schweizer’s investigation of former vice president Joe Biden’s family’s business dealings with China’s government, concluding that Biden was “compromised by a foreign power and unfit to be president.â€
Hunter Biden — Biden’s second son — secured $1 billion in financing from the Bank of China — an arm of the Chinese government — for a private equity firm founded by himself and Christopher Heinz, the stepson of former Secretary of State John Kerry. That private equity firm was named Bohai-Harvest RST (BHR).
Joe Biden “is the very definition of a corrupt insider,†said Hilton, rejecting left-wing and partisan Democrat marketing of Joe Biden as “a man of the working people.†He profiled Biden in a segment entitled, “Swamp Watch.â€
Hilton added, “With Joe Biden … there is a much more worrying relationship with a foreign power, one that presents a vastly bigger threat to America than Russia — China.â€
Hilton recalled Joe Biden’s December 2013 trip to China as vice president with Hunter Biden:
Joe Biden struck a soft, friendly tone with the Chinese leadership, disappointing allies in the area, like Japan, who were alarmed by China’s increasing aggression. But perhaps Joe had other issues besides the global balance of power on his mind, issues like his son’s business deals.
Hunter’s presence on the trip was far from coincidence. Just 10 days later, his company, Rosemont Seneca, signed an exclusive $1 billion deal with the state-owned Bank of China, creating an investment fund called Bohai Harvest, with money backed by the Chinese government. In the words of Peter Schweizer, who first unveiled these conflicts of interest in his book “Secret Empires,†“the Chinese government was literally funding a business that it co-owned along with the sons of two of America’s most powerful decision makers.†That is what it looks like to be “compromised by a foreign power.â€
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