Posted on 09/09/2020 7:45:05 AM PDT by Hojczyk
But for U.S. security experts, it was remarkable for another reason: An investment fund named Bohai Harvest RST (BHR) partly owned and directed by Biden's son, Hunter, and Secretary of State John Kerry's stepson, Chris Heinz, had just a few years earlier played a vital role in facilitating the sale of the Michigan-based auto parts maker Henniges Automotive to one of China's main military aircraft makers, Aviation Industry Corporation of China or AVIC.
That 2015 transaction approved by the Obama administration and its Committee on Foreign Investment in the United States (CFIUS) came just 15 months after the United States publicly added one of AVIC's subsidiaries to a Commerce Department blacklist (known as the "Entity List") and just months before the Obama administration resumed patrols in the South China Sea because of increased Beijing military aggression in the region, where AVIC-built military jets partake in China's activities.
The timing has left many, including Senate Finance Committee chairman Chuck Grassley (R-Iowa), questioning whether the CFIUS decision whitewashed security concerns because the vice president's son was involved in the transaction. Those concerns were heightened this June when the Pentagon listed the entire AVIC conglomerate on a list of companies subject to future sanctions because of its ties to the People's Liberation Army.
In April 2020, Hunter Biden's lawyer issued a letter stating that Hunter Biden had stepped down in October 2019 from the BHR firm that helped AVIC purchase Henniges. The letter made no mention of what happened to Hunter Biden's 10% ownership stake in BHR, and it appears that Hunter Biden may still be profiting from BHR's ownership stakes in companies like Henniges.
Good article if you do not know about this..old news
Yeah but his brother died of cancer and one of his parents is suffering from deep delusional thinking. So hands off. Back away from the white powder hunter.
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