"The furor over Trump’s call for Ukraine to investigate Hunter Biden’s
business has brought the spotlight back to the former second family’s
international dealings.
While his Ukrainian business is currently receiving most of the
attention, Hunter’s dealings in China deserve at least as much
scrutiny.
Trained as a lawyer at Yale, Hunter had primarily worked as a lobbyist
and consultant. His previous foray into financial services, Paradigm
Global Advisors, was linked to Stanford Financial, a multibillion
dollar Ponzi scheme.
In 2009, Hunter co-founded a new venture, Rosemont Seneca Partners.
Rosemont and Hunter were given extraordinary opportunities in China
while his father was vice president. Here are some key facts:
1. Joe Biden met with Hunter’s Chinese partners days before they
established a new investment firm.
In December 2013, Hunter landed in Beijing aboard Air Force Two,
accompanying his father on an official visit to China. Less than two
weeks later, Hunter’s company, Rosemont Seneca, became a partner in a
new investment company backed by the state-owned Bank of China.
Christening the new firm Bohai Harvest RST (BHR), the partners set out
to raise $1 billion for the new fund.
Representatives of the Biden family have denied any connection between
the vice president’s visit and Hunter’s business. However, a BHR
representative told The New Yorker earlier this year that Hunter used
the opportunity to introduce his father to Chinese private equity
executive Jonathan Li, who became CEO of BHR after the deal’s
conclusion."
More at
https://nypost.com/2019/10/10/6-facts-about-hunter-bidens-business-dealings-in-china/