Report: Hunter Biden Remains Invested in a Communist China-Linked Business Wendell Husebø 27 Sep 2021
Hunter Biden on Monday reportedly remains invested in a Communist China-linked entity months after President Biden claimed his family would divest from foreign business interests.
White House deputy press secretary Andrew Bates told the Washington Examiner he could not comment on the reported stake, referring the publication to White House press secretary Jen Psaki’s past “comments and Hunter Biden’s representatives” for details on the matter.
Hunter is “working to unload that” foreign entanglement, Psaki said most recently in July. “But I would certainly point you — he’s a private citizen. I would point you to him or his lawyers on the outside on any update.”
Three Chinese business websites indicate Hunter is a “sponsor/shareholder” with three “million yuan ($464,000) invested in the company, purportedly comprising a 10% stake in the China-based business venture,” the Examiner detailed.
The firm in which Hunter is reportedly invested, Skaneateles, is said to have “access to tens or hundreds of millions of dollars for Chinese and global investments and set up a complicated web of China-based and Cayman Island shell companies and subsidiaries.”
Such a vast financial network of elitist vehicles to move money around the globe without regulation by United States’ authorities speaks to how Hunter and his father may be compromised by Communist China or other foreign powers and individuals.
And with Hunter’s new found love of “art,” potentially selling his watercolors to anonymous investors for up to $500,000 through an art dealer who has coveted Chinese connections, congressional lawmakers may take interest in the Cayman Islands shell companies.
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https://www.breitbart.com/politics/2021/09/27/report-hunter-biden-remains-invested-in-a-communist-china-linked-business/
