The Bank of China, one of the largest banks in the country, has also made overtures to U.S. political elites. Shortly after the 2016 presidential election, the company added Angela Chao, the sister of Transportation Secretary Elaine Chao and sister-in-law of Senate Majority Leader Mitch McConnell, R-Ky., to its board of directors. ALONG WITH A number of politically connected Americans, Hunter Biden’s investment vehicle in China came as a result of a series of deals struck over the last 10 years. In 2008, in the closing days of that year’s presidential campaign, Hunter Biden deregistered as a lobbyist from Oldaker, Biden and Belair, a Washington, D.C., firm he co-founded alongside William Oldaker, a longtime fundraiser and legal adviser to Joe Biden.
The following year, Hunter Biden — along with former Secretary of State John Kerry’s stepson Christopher Heinz; Kerry-Heinz family friend Devon Archer; and former Oldaker partner Eric Schwerin — founded several companies using the name Rosemont Seneca. https://theintercept.com/2019/05/03/biden-son-china-business/