Biden's niece updated Hunter's company on Chinese sovereign wealth fund during stint at Treasury: emails
Hunter Biden's firm was courting state-run China Investment Corporation for potential investments
By Jessica Chasmar , Cameron Cawthorne Fox News
Published September 11, 2023 11:06am EDT
President Biden's niece emailed Hunter Biden and the president of his company information about China Investment Corporation (CIC), China’s largest sovereign wealth fund, when she was serving in the U.S. Treasury Department during the Obama-Biden administration.
Casey Owens was serving as a special assistant for the U.S.-China Strategic and Economic Dialogue at the Treasury Department when she discussed the CIC, which is state-owned and manages part of the Chinese government’s foreign exchange reserves, with Hunter and his longtime business partner, Eric Schwerin.
At the time, Hunter’s now-defunct Rosemont Seneca Advisors, where Schwerin served as president, was courting the CIC for potential investments.
On April 12, 2010, Owens emailed Hunter and Schwerin a schedule from a CIC investment conference that took place a couple of weeks earlier.
"FYI on recent CIC investment conference at a resort in Sanya, on Hainan Island, over the weekend of March 27-28," Owens wrote.
A Thornton Group press release dated that same day – April 12, 2010 – said the company’s chairman, James Bulger, and Hunter visited Beijing just three days earlier and met with CIC Chief Investment Officer Gao Xiqing, among others, according to the Republican Senate report released in September 2020.
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https://www.foxnews.com/politics/vp-bidens-niece-updated-hunters-company-chinese-sovereign-wealth-fund-treasury-emails
