Joe Biden and his son, Hunter, are quite a pair, operating in both Ukraine and China to secure lucrative deals. From Tyler Durden at zerohedge.com:
Two years of investigations by journalist Peter Schweizer has revealed that Joe Biden may now have a serious China problem. And just like his Ukraine scandal, it involves actions which helped his son Hunter, who was making hand over fist in both countries.
Schweizer, the author of Clinton Cash and now Secret Empires discovered that in 2013, then-Vice President Biden and his son Hunter flew together to China on Air Force Two – and two weeks later, Hunter’s firm inked a private equity deal for $1 billion with a subsidiary of the Chinese government’s Bank of China, which expanded to $1.5 billion, according to an article by Schweizer’s in the New York Post.
“If it sounds shocking that a vice president would shape US-China policy as his son — who has scant experience in private equity — clinched a coveted billion-dollar deal with an arm of the Chinese government, that’s because it is” –Peter Schweizer
Perhaps this is why Joe Biden – now on the 2020 campaign trail – said last week that China wasn’t a threat.
Secretary of State Mike Pompeo took a shot at Biden’s comment during a speech at the Claremont Institute’s 40th anniversary gala, saying “Look how both parties now are on guard against the threat that China presents to America — maybe except Joe Biden.”