China Threatens to Expose Biden Crime Family
China has sent a not-so-subtle threat to Joe Biden by revealing Hunter’s bank records, according to a senator who is investigating the Biden family’s foreign business dealings. The records show that Hunter Biden and his uncle James Biden received millions of dollars from Chinese companies with ties to the communist regime, while Joe Biden was preparing to run for president in 2020.
The bank records were obtained by Senators Ron Johnson and Charles Grassley, who requested financial information from several American banks as part of their probe into the Bidens. However, only one bank, Cathay Bank, which is based in Los Angeles but has offices in China, complied with their request. The other banks refused to cooperate, citing privacy laws.
Cathay Bank provided the senators with records showing that Hunter Biden and his business partner Gongwen Dong, who is linked to CEFC China Energy, a now-defunct energy giant with connections to the Chinese Communist Party, owned a joint venture called Hudson West III. This company received $5 million from Northern International Capital Holdings, another Chinese company associated with CEFC.
The money was then used to fund payments to Hunter Biden’s companies Owasco P.C. and Owasco LLC, and Lion Hall Group, a company owned by James Biden. Hunter Biden received a $500,000 retainer fee plus $100,000 per month, while James Biden received $65,000 per month. The transactions took place between August 2017 and October 2018, after Joe Biden left the Obama administration and was considered a top contender for the Democratic nomination.
Senator Johnson said that the Chinese government was sending a message to Joe Biden by revealing his son’s and brother’s bank records. He said that China was telling Biden that they had the goods on him and that they were willing to dish them up. He said that this was a clear sign of China’s influence and leverage over the president.
Senator Grassley said that the bank records showed that the Bidens had deep financial ties to China and its affiliates, which are essentially arms of the communist regime. He said that this raised serious questions about Joe Biden’s judgment and integrity, and whether he could be trusted to stand up to China on behalf of American interests.
The bank records are just one piece of evidence that show how the Bidens have profited from their foreign business ventures, which also involved Russia, Ukraine and other countries. These deals date back to Joe Biden’s term as vice president in the Obama administration, when he was in charge of U.S. policy toward those regions.
The Bidens have denied any wrongdoing or conflict of interest in their foreign business activities. They have also dismissed the investigations by Johnson and Grassley as politically motivated and baseless. However, the bank records obtained by Cathay Bank suggest otherwise. They reveal how China has tried to use its financial clout to influence and intimidate Joe Biden, who is now facing multiple challenges from Beijing on trade, human rights, Taiwan and other issues.