Thank you Plane fag
THIS
BREAKING EXCLUSIVE: VP Biden Gave China Easy Access to US Markets Then Hunter Received $1 Billion, Now China’s Economy Is Failing and US Investors Are Stuck
October 21, 2021
Vice President Joe Biden gave China a sweetheart deal in 2013 that gave China’s companies access to US markets and they didn’t have to fully comply with key US regulations surrounding financial reporting. A few months later Hunter received $1.5 billion from China.
China’s economy is now failing. Will US investors pay for it?
In 2013, Vice President Joe Biden brokered a deal with China that gave the country access to US markets without having to comply with US compliance regulations that US companies had to comply with. John Solomon at Just the News reported:
Since 2013, Chinese companies have been allowed to participate in U.S. stock and bond exchanges without having to fully comply with the same Sarbanes-Oxley Act accounting practices and risk disclosure required of American companies.
The concession was made in a little-noticed Memorandum of Understanding executed seven years ago by the Public Company Accounting Oversight Board (PCAOB), a nonprofit regulator empowered by the Sarbanes-Oxley law to ensure U.S. investors are protected from making bad investments because of faulty audits or financial information.
The agreement was reached in May 2013 after Chinese leaders pleaded for improved access to American capital markets in multiple meetings with then-Vice President Joe Biden, transcripts from the Obama administration’s archives show.
The Sarbanes-Oxley legislation cost US companies millions, if not billions, in compliance costs since put in place after the Enron collapse. For some reason, Biden thought Chinese companies should not have to comply with these requirements that are required of American companies to ensure accurate financials and key controls throughout company operations worldwide. These controls are audited at least annually and at a significant cost to the entity. There are also significant costs to prepare for these audits.
Rather than ensure China’s companies were at least as accurate in their reporting and as well-controlled, Biden gave Chinese companies a pass on the same requirements mandated of US companies. This deal allowed Chinese companies to obtain billions, if not trillions, in capital not available in China.
A short time later in 2013, China gave Hunter Biden – $1.5 billion to invest.
https://www.thegatewaypundit.com/2021/10/breaking-exclusive-vp-biden-gave-china-easy-access-us-markets-hunter-received-1-billion-now-china-economy-failing-us-investors-stuck/
Matt Gaetz — Someone is trying to kill me…
Posted by Kane on October 21, 2021 12:30 am
Right there with ya anon, been here 3+ yrs, not stopping now!
And why is she so shocked ? Thats a commonly known thing. My 80 yr old mom knows that.
BREAKING: NIH Letter Confirms EcoHealth Alliance Conducted Gain-of-Function Research at Wuhan Lab, Admits Fauci Lied to Congress
11 hours ago
Do you remember what Anthony Fraudci told Senator Rand Paul when he testified before Congress?
Here’s a reminder: vid
Paul didn’t hold back calling out Fraudci’s blatant lies to Congress about funding the Wuhan Institute of Virology (WIV) via a grant to EcoHealth Alliance.
He read Fauci the penalties of committing this felony in their exchange:
Despite mountains of evidence showing otherwise, Fauci continues to lie about funding gain-of-function research through EcoHealth Alliance.
NEWLY RELEASED documents provide details of US-funded research on..coronaviruses at the Wuhan Institute of Virology..The Intercept has obtained more than 900 pages of documents detailing..work of..EcoHealth Alliance..at the Chinese lab
.."https://t.co/n3OkFAq3kM
— Richard H. Ebright (@R_H_Ebright) September 7, 2021
https://welovetrump.com/2021/10/20/breaking-nih-letter-confirms-ecohealth-alliance-conducted-gain-of-function-research-at-wuhan-lab-admits-fauci-lied-to-congress/?
I love it when shills post negative crap on habbenings, lets me know who to filter.