Joe & Co Didn’t Just Sell Out America, They Sold Out The Whole Free World
…The Bank of China alone has access to trillions of dollars and the capital on the balance sheets of the other SOE’s would and could provide untold amounts of other capital to be sourced if need be.
In the marketing materials for the deal, “the injection of private and social capital” is cited as a primary reason for raising this cash equity capital. Effectively this was political capital being sought in this venture. What they communicated though (from the Sinopec Marketing presentation) was an interest in “bring(ing) about improvements in corporate governance, operational efficiency, and effective management incentives.”
But, the political capital they were building was aimed at Western political power centers in which to lobby for their long term agenda and access to strategic acquisition opportunities that they might make to further their economically imperialist goals. The strategic foreign relationships that could be built with the help of the Bidens, and others from their global network (see slide below) could be exploited down the road.
https://creativedestructionmedia.com/investigations/2020/10/31/joe-co-didnt-just-sell-out-america-they-sold-out-the-whole-free-world/