Just a Reminder
China is deeply invested in #Biden winning the 2020 election: The Bank of China, Rosemont Seneca, Hunter Biden and Chris Heinz (John Kerry’s stepson).
The hedge fund (called Bohai Harvest RST (BHR)), was created when Biden and Hunter flew to China and meet with leaders in 2013. Hunter Biden's firm and ended up inking a deal for his hedge fund with the Bank of China days after the visit
Hunter Biden started a private equity fund along with Chris Heinz, the stepson of Sen. John Kerry.
Vice President Joe Biden flew to Beijing in 2013 along with his son, Hunter. Hunter Biden's firm and ended up inking a deal for his hedge fund with the Bank of China days after the visit
Hunter Biden started a private equity fund along with Chris Heinz, the stepson of Sen. John Kerry.
Kerry, the former secretary of state, was a longtime Senate colleague of Biden's. Heinz is the son of the late Sen. John Heinz, who was the previous husband of Teresa Heinz Kerry.
The book describes a meeting in December 2013 between Hunter Biden, managing partner Devon Archer, and top Chinese government leaders.
A partnering firm, the Thornton group, described the meeting on its web site as involving the biggest fund lenders in China.
Biden, who campaigned for Democrat Conor Lamb in Pennsylvania, is a potential 2020 presidential candidate
The meeting took place just hours before the senior Biden met Chinese officials, according to the book.
Ten days later, Rosemont made a deal with the Bank of China valued at $1 billion, and later boosted to $1.5 billion, The Hill reported.
Biden, who turned down a chance to run for president in 2016, citing his eldest son Beau Biden's death, is still a prominent potential 2020 candidate.
When they arrived in China, Biden, Hunter, and his daughter Finnegan were 'greeted by Chinese children carrying flowers,[and] the delegation was then whisked to a meeting with Vice President Li Yuanchao and talks with President Xi Jinping,' according to the book.
'Rosemont Seneca and the Bank of China created a $1 billion investment fund called Bohai Harvest RST (BHR), a name that reflected who was involved. Bohai (or Bo Hai), the innermost gulf of the Yellow Sea, was a reference to the Chinese stake in the company. The "RS" referred to Rosemont Seneca. The "T" was Thornton,' according to the book.