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News Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B
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CrimsonPhantom Offline
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Post: #1
Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B


NY Times Uncovers Hunter Biden Ties to Chinese Company Buying Congo Cobalt Mine

Quote:Long before the Biden administration came to be, and President Joe Biden pushed green energy credits in his Build Back Better spending plan this year, Hunter Biden helped grease the wheels for a Chinese business to buy up key rare-earth minerals used in batteries for electric vehicles.

The New York Times reported Saturday that Hunter Biden was part owner in an investment firm that was involved in a Chinese conglomerate's $3.8 billion purchase of one of the world's largest cobalt deposits in the Democratic Republic of Congo.

Biden's spending package passed the House on Friday night and it plans to give away $320 billion in tax credits for companies or consumers who buy electric vehicles, purchase solar panels, or invest in improving the energy efficiency of their buildings.

Cobalt mines are pivotal to China's world dominance in making batteries for those electric vehicles the Build Back Better Plan and Democrats are effectively hoisting on the American people through U.S. taxpayer dollars and government subsidies.

Unwinding the twisting takes of moves, the Times reported Biden was a founding board member of BHR, which is the Bohai Harvest RST (Shanghai) Equity Investment Fund Management Company. It started up in 2013 while Joe Biden was vice president in former President Barack Obama's White House.

Three Americans including Hunter Biden controlled 30% of BHR, while the rest is owned or controlled by Chinese investors, including Bank of China, the Times reported from Chinese regulators' records.

BHR helped finance an Australian coal-mining company controlled by a Chinese state-owned firm, and also assisted a subsidiary of a Chinese defense conglomerate in buying a Michigan auto parts maker.

But one of the most lucrative investments was the 2016 purchase and later sale of CATL, a Chinese company that has become a world leader in making electric vehicle batteries. That was Joe Biden's last year as Obama's vice president.

That same year, Chinese mining company China Molybdenum also paid $2.65 billion to buy Tenke Fungurume, a cobalt and copper mine from American company Freeport-McMoRan. To complete that deal, China Molybdenum sought a partner to buy out a minority stakeholder in the mine, Lundin Mining of Canada.

Hunter Biden's BHR did so for China Molybdenum with $1.14 billion – which came entirely from Chinese state-backed companies – signing an add-on agreement that allowed China Molybdenum to buy BHR's share, according to the Times.

China Molybdenum did so in 2019 when Hunter Biden controlled 10% of the firm through Skaneateles LLC, a company based in Washington, D.C., according to the report.

When asked by the Times if the president was aware of his son's ties to the deal, a White House spokesman said, "No."

Hunter Biden's lawyer Chris Clark told the Times his client "no longer holds any interest, directly or indirectly, in either BHR or Skaneateles."

Chinese records removed Hunter Biden from BHR's board as of April 2020, right around the time his father become the Democrat's presidential nominee against former President Donald Trump, who was battling the height of the COVID-19 pandemic that was discovered in Wuhan, China.

Neither Hunter Biden nor current BHR executives have responded to the Times' request for comment.

"We don't know Hunter Biden, nor are we aware of his involvement in BHR," China Molybdenum spokesman Vincent Zhou wrote in an email to the Times.

Today it would've cost them 1 finger painting at $1 million, anonymously purchased of course.
11-23-2021 10:34 AM
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49RFootballNow Offline
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Post: #2
RE: Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B
If you add in cobalt to a thermo-nuc you make a really bad radiation bomb that will kill millions EXTRA from the fallout.
11-23-2021 10:44 AM
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stinkfist Offline
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RE: Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B
explain how all the goobermint agencies that protect the USD and our land mass/allies allowed this to happen (hyper rhetorical /sarc)

we live in dumbfk-USSA…
11-23-2021 11:43 AM
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CrimsonPhantom Offline
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RE: Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B
Why Was Hunter Biden Part Of China’s Takeover Of Key Global Metal Supplies?

Quote:As far as The New York Times is concerned, major conflicts of interest are only a small part of a major investigation it conducted spanning three continents and involving multiple reporters. In two lengthy articles, the paper offered an in-depth look into how, while international agencies and the Biden administration are promoting electric cars, China has acquired a near-monopoly on the resources needed to build batteries for those vehicles.

The tale of how China acquired a crucial mine in the Democratic Republic of Congo from a struggling American company in 2016 is an eye-opener. So, too, is what it discovered about the massive effort the Chinese government has made through companies it finances to take over the industry and how the United States has done virtually nothing to prevent this dangerous state of affairs in the past two administrations.

But one aspect of their investigation has political implications in addition to the obvious geostrategic implications of the Chinese acquiring a stranglehold on a vital resource just at the moment the obsession with going green to halt global warming has put the government behind the production of electric cars. One of the key players in the acquisition of Tenke Fungurume, a Congolese cobalt and copper mine, from the American company Freeport-McMoRan was the Bohai Harvest RST (Shanghai) Equity Investment Fund Management Company, which is better known in the industry by its acronym BHR. BHR was founded by President Biden’s son Hunter and two other Americans in cooperation with Chinese investors.

Hunter and the other two Americans owned 30 percent of BHR and Chinese players the other 70 percent, as the Times reports. All of Chinese players, like the Bank of China, are instruments of the Communist Party government.

Hunter’s Firm Funds Buyout To Allow Deal
BHR’s role in the takeover of Tenke Fungurume from Freeport-McMoRan was to help buy out the American firm’s Canadian partner, Lundin Mining. Lundin Mining had the right of first refusal when the American company, in financial trouble due to bad investments, was forced to sell its Congolese interests — into which it had poured immense resources in developing the mine.

The U.S. involvement dated back to an effort by the Nixon administration to head off an effort by Russia to get into the good graces of then Congolese dictator Mobutu Sese Seko. The country is now run by Joseph Kabila, the son of the man who deposed Mobutu. He appears to be heavily influenced by China and is not interested in interfering with its lucrative exploitation of his country’s natural resources.

In this telling, the Chinese effort takes on the appearance of the financial equivalent of a commando raid. A company named China Molybdenum, largely owned by Beijing government surrogates, swooped in and made Freeport-McMoRan an offer it couldn’t refuse in the form of a $2.65 billion bid that was largely financed by Chinese government loans.

Lundin Mining could have stopped the deal but an investment firm registered in Shanghai bought them out, ensuring that nothing could stop China Molybdenum from acquiring what is estimated to be one of the biggest cobalt reserves in the world. The investment firm that performed that essential service was Hunter Biden’s BHR.

The Times could not find anyone who could explain how or why Biden’s BHR, of all the investment companies operating in Shanghai or anywhere else, was chosen for this task. But it did discover from public filings that none of the $1.14 billion raised to buy out Lundin came from private investors. All of it came from Chinese state-controlled entities, including, as the paper noted, bank loans guaranteed by China Molybdenum as well as cash brought to the deal through “obscure” shell companies controlled by government-owned banks.

Before the deal with Lundin was done, BHR signed an agreement allowing China Molybdenum to buy them out, and eventually it did so. By the time that happened, Hunter Biden still controlled 10 percent of BHR through a Washington-based firm called Skaneateles, LLC. A lawyer for Biden told the Times he no longer has any interest in any of these firms.

According to someone described by the paper as a “former BHR board member,” Biden and the other Americans weren’t personally involved in the cobalt sale, “the firm earned only a nominal fee from it,” and none of that money was “distributed to its owners” — although no explanation as to how so much money eluded the grasp of the firm’s main players is provided. And much like his claims about Hunter’s business dealings in Ukraine and other Chinese investments, the White House says the president knew nothing about any of it.

Failures Under Obama and Trump
This is a complicated story that raises serious questions about the failure of the U.S. government to prevent China from acquiring a stranglehold on a vital commodity. This is also a failure that continued even after President Obama left office, despite President Donald Trump’s public concerns about China’s aggressive intentions. Another sale to this same Chinese firm of an undeveloped Congolese cobalt mine still owned by Freeport-McMoRan went through with the State Department also doing nothing about it a month before Trump left office.

That Hunter Biden was playing a part in Chinese actions that directly threaten the interests of the United States is a scandal with many layers that require further unpacking. All of this is something that should have been made known to the voters before Hunter’s father was elected president of the United States.

It is no small irony that a nation like China, which flouts the concerns of the environmental lobby about carbon emissions, is getting the jump on the West on resources necessary for the abandonment of fossil fuels. But the Obama administration was either indifferent or insufficiently alarmed about the prospect of China’s plans until it was too late.

State Department Was Warned
Another interesting detail buried in the Times investigation is that among those warned by a veteran diplomat of the danger of the Chinese acquisition was Linda Thomas-Greenfield. At the time she was assistant secretary of state with responsibility for Africa.

She and members of Obama’s National Security Council now say they don’t remember the conversation. But like the rest of the Obama administration alumni who now work for Biden, she has failed upward, having been named U.S. ambassador to the United Nations.

The fact that Hunter Biden is to be found in the middle of this mess cannot be plausibly explained as a mere coincidence. Nor can we be expected to merely nod along as his father’s spokespeople continue to claim that Hunter’s business dealings were unknown to the president. We need a full accounting from both Bidens about what they knew and when they knew it about China and cobalt and why Hunter’s firm was chosen by Beijing to be a key instrument of a long-term policy objective.

Should we expect the same corporate media that told us in 2020 that evidence of Hunter’s influence-peddling with respect to his activities in Ukraine and elsewhere was “Russian disinformation,” that spiked stories on the subject and applauded as social media companies shut down discussion of the facts online, to ask the questions that need to be answered about this scandalous operation? It isn’t likely, even if the source material is an investigation by the flagship of leftist journalism.

Whether the president knew about it or fully understood the implications, Biden’s son was an instrument of Chinese policy, and voters should have known this a year ago. But however belated the revelations may be, they must be fully investigated today.
11-23-2021 12:57 PM
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TigerBlue4Ever Offline
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RE: Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B
Nothing to see here, move along. This is not the egregious transgression you are looking for.
11-23-2021 01:37 PM
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CrimsonPhantom Offline
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Post: #6
RE: Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B
Hunter Biden’s Corrupt Shell Company Named After Deceased Mother’s Birthplace; Map Tattooed on His Back


Quote:Hunter Biden appears to have named his corrupt, Chinese-linked shell company Skaneateles after the town where his deceased mother was born — a map of which Hunter also has tattooed on his back, according to images from his laptop.

Skaneateles is the name of a town in New York State between Rochester and Syracuse. Skaneateles means “long lake,” which is a part of the Finger Lakes in central New York State.

While Skaneateles is Hunter’s deceased mother’s birthplace, it is also the name of Hunter’s shell company that reportedly has deep connections to Communist China.

Hunter’s ties to Communist China entail a complicated web of transactions over several years during and after the time his father, Joe Biden, was vice president.



Through an entity named Skaneateles, Hunter reportedly profited from orchestrating the sale of an American-owned cobalt mine in the Democratic Republic of Congo for $2.65 billion.

Chinese investors, who have close ties to the Chinese Communist Party, a transnational organized crime group, have reportedly ended up with a majority stake in the mine due to Hunter’s efforts.

On Sunday, Breitbart News reported Hunter’s involvement in divesting the United States of energy resources by peddling his government connections:

The transactions concluded with China Molybdenum owning 80 percent of the mine — a classic tale of the elites benefiting from the United States’ managed decline.

Hunter’s company reportedly obtained a ten percent share in the mine, which he sold to China Molybdenum from a Washington company named Skaneateles — which he also owns a stake in.

Skaneateles reportedly still owns a stake in BHR, though the Times reported Hunter “no longer holds any interest, directly or indirectly, in either BHR or Skaneateles,” according to Hunter’s lawyer Chris Clark.

It is unknown how much money Hunter profited from the corrupt deal, but CNN reported Hunter is under FBI investigation for money laundering in likely connection with Skaneateles.

Hunter’s tattoo has not escaped notice from those in the media or on social media.

“Fun fact: Today I learned that Hunter Biden has a tattoo of the Finger Lakes across his back in honor of his mother Neilia (born in Skaneateles),” Corey Ryan Earle, a visiting lecturer at Cornell University, tweeted.

In another tweet, which has since been deleted because the account was canceled by Twitter, Richard Rigg noted the connections between the tattoo and Hunter’s corrupt business ventures.

“There’s a Lucifer Falls in the Finger Lakes. Hunter B has the finger lakes tattooed on his back. Finger Lakes has a submarine base. Seneca Lake. Rosemont Seneca. This is getting very interesting,” Rigg wrote.

The New York Times seemed to defend the tattoo as a part of Hunter’s artistic nature. In an interview with Hunter’s wife, Melissa Cohen, the Times favorably reported the tattoo.

The Times wrote, “The day after their first date, Mr. Biden tattooed the Hebrew word ‘shalom’ — for peace — on his left bicep, giving the couple matching tattoos. (He also has a tattoo of New York’s Finger Lakes region on his back, because his mother grew up there.)”

“It’s very abstract, sometimes very dark,” Cohen said about Hunter’s art. “It draws a lot from nature.”
(This post was last modified: 11-23-2021 05:22 PM by CrimsonPhantom.)
11-23-2021 05:21 PM
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stinkfist Offline
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RE: Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B
(11-23-2021 05:21 PM)CrimsonPhantom Wrote:  Hunter Biden’s Corrupt Shell Company Named After Deceased Mother’s Birthplace; Map Tattooed on His Back


Quote:Hunter Biden appears to have named his corrupt, Chinese-linked shell company Skaneateles after the town where his deceased mother was born — a map of which Hunter also has tattooed on his back, according to images from his laptop.

Skaneateles is the name of a town in New York State between Rochester and Syracuse. Skaneateles means “long lake,” which is a part of the Finger Lakes in central New York State.

While Skaneateles is Hunter’s deceased mother’s birthplace, it is also the name of Hunter’s shell company that reportedly has deep connections to Communist China.

Hunter’s ties to Communist China entail a complicated web of transactions over several years during and after the time his father, Joe Biden, was vice president.



Through an entity named Skaneateles, Hunter reportedly profited from orchestrating the sale of an American-owned cobalt mine in the Democratic Republic of Congo for $2.65 billion.

Chinese investors, who have close ties to the Chinese Communist Party, a transnational organized crime group, have reportedly ended up with a majority stake in the mine due to Hunter’s efforts.

On Sunday, Breitbart News reported Hunter’s involvement in divesting the United States of energy resources by peddling his government connections:

The transactions concluded with China Molybdenum owning 80 percent of the mine — a classic tale of the elites benefiting from the United States’ managed decline.

Hunter’s company reportedly obtained a ten percent share in the mine, which he sold to China Molybdenum from a Washington company named Skaneateles — which he also owns a stake in.

Skaneateles reportedly still owns a stake in BHR, though the Times reported Hunter “no longer holds any interest, directly or indirectly, in either BHR or Skaneateles,” according to Hunter’s lawyer Chris Clark.

It is unknown how much money Hunter profited from the corrupt deal, but CNN reported Hunter is under FBI investigation for money laundering in likely connection with Skaneateles.

Hunter’s tattoo has not escaped notice from those in the media or on social media.

“Fun fact: Today I learned that Hunter Biden has a tattoo of the Finger Lakes across his back in honor of his mother Neilia (born in Skaneateles),” Corey Ryan Earle, a visiting lecturer at Cornell University, tweeted.

In another tweet, which has since been deleted because the account was canceled by Twitter, Richard Rigg noted the connections between the tattoo and Hunter’s corrupt business ventures.

“There’s a Lucifer Falls in the Finger Lakes. Hunter B has the finger lakes tattooed on his back. Finger Lakes has a submarine base. Seneca Lake. Rosemont Seneca. This is getting very interesting,” Rigg wrote.

The New York Times seemed to defend the tattoo as a part of Hunter’s artistic nature. In an interview with Hunter’s wife, Melissa Cohen, the Times favorably reported the tattoo.

The Times wrote, “The day after their first date, Mr. Biden tattooed the Hebrew word ‘shalom’ — for peace — on his left bicep, giving the couple matching tattoos. (He also has a tattoo of New York’s Finger Lakes region on his back, because his mother grew up there.)”

“It’s very abstract, sometimes very dark,” Cohen said about Hunter’s art. “It draws a lot from nature.”

the moire ya post this shite, the more ya resemble that moire…
11-23-2021 05:35 PM
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CrimsonPhantom Offline
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Post: #8
RE: Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B
Exclusive– ‘Laptop from Hell’ Documents Show Hunter Biden Using Family Leverage in Prospective Deal to Sell Louisiana Natural Gas to Chinese Firm


Quote:The Biden family was set to benefit from a deal to transfer American natural gas to Chinese energy company CEFC, through a prospective 2017 deal by Hunter and Jim Biden, according to newly uncovered documents — as the Biden administration now massively scales back United States energy production.

Documents never previously reported on, from the infamous “laptop from hell” belonging to Hunter, show the Biden scion was working on a deal in 2017 to transfer liquid natural gas from Louisiana to CEFC — the same Chinese firm with which Hunter also discussed a business venture that would have “10 [percent] held by H for the big guy” — but the deal never materialized.

That wouldn’t stop the Chinese players in the deal, however, from going on to push Hunter to help his father mount a bid for president years after.

In an email from October 23, 2017, an intermediary by the name of JiaQi Bao, between Hunter Biden and his Chinese business associates, sent an email thanking Hunter and Joe Biden’s brother, Jim, for arranging a meeting with Greg Michaels, the president of a natural gas liquefaction facility in Louisiana called Monkey Island LNG, and detailing plans for what will be discussed.

“We have a 10:30 meeting tomorrow @ 3CC with Greg Michaels, the president of Monkey Island LNG Terminal project in Louisiana. Thank you for Jim and Hunter for bringing the owner to talk to us directly,” she writes in an email received by Hunter, Jim, and Gongwen Dong, a Chinese investor involved in multiple deals linked to the Bidens.

Leveraging the family name to secure high profile meetings for foreign clients was not just a good deal for Hunter and Jim Biden.

It has been previously reported by the New York Post that Hunter was responsible for family expenses — with Hunter once telling his daughter that he has to “pay for everything for this entire family.”

The Post reported in July:

‘I hope you all can do what I did and pay for everything for this entire family for 30 years,’ Hunter wrote in a 2019 text message to his daughter, Naomi, that was found on his abandoned laptop. ‘It’s really hard. But don’t worry, unlike Pop [Joe], I won’t make you give me half your salary.’

In another email on October 29, 2017, Bao writes to discuss plans for the business venture, saying Hunter is the best person to help his “friend,” CEFC chairman Ye Jianming, because he has “access to decision makers” required to approve the transfer of essential natural resources to foreign entities.

“Through you and Uncle Jim’s connection, with Monkey Island/Magnolia/Project ABC as a starting point / talking point, we can check out a lot of all other interesting Louisana/Taxes/Gulf of Mexico U. S. projects [sic],” Bao’s email begins.

“You are the best person to help your friend Ye to do that, because you know a lot of folks in the area and you have the access to decision- makers / helpful local folks with insight about the region,” she continues.

The junior Biden’s “friend,” Ye Jianming, was connected to the Chinese Peoples Liberation Army before he was mysteriously detained in China in 2018, and CEFC is now defunct, according to various reports.

A third, December, 2017, email from Bao, subject line reading, “updates from your good trooper,” contains an attachment with extensive research on the energy industry in Louisiana.

The “industry overview,” allegedly put together by Bao, compiles details on the U.S. liquid natural gas industry from how local climate effects output, to how natural gas is distributed throughout the United States and from where, to pipeline networks and existing infrastructure, to local tax policy and incentives, costs of shipping, and supply chain details.

At the bottom of the report, Bao notes:

Without passing FERC review, will not receive non-FTA approval.
Without non-FTA approval, won’t be able to sell LNG to China.
FERC refers to the Federal Energy Regulatory Commission, and “non-FTA” refers to non free trade agreement countries, of which China is one.

According to a report on Biden family FARA compliance compiled by Senator Chuck Grassley in November, 2020, the Bidens were used by Ye Jianming as mechanisms to “build influence” in securing U.S. business — but the CEFC natural gas deal fell through in 2018.

“As part of Hunter Biden’s efforts to assist Ye, he reportedly began working on a deal for Ye that involved a $40 million investment in a natural gas project on Monkey Island in Louisiana that reportedly fell through in 2018,” Grassley’s report says.

The report continues:

In order for Ye to succeed with future business in the United States, he had to, as The New York Times stated, ‘build influence.’ Based on the recently released records, that is exactly what Hunter Biden and James Biden were supposed to do for CEFC. Accordingly, it appears that Hunter and James Biden, based on their family name and political influence, were agents of CEFC, as both had planned roles with CEFC’s investment vehicles and engaged in efforts to seal financial deals for Ye and CEFC, which would ultimately benefit the communist Chinese government.

Hunter’s communication with JiaQi Bao did not end at the Monkey Island deal, as she wrote to him in March, 2019, urging him to “help Uncle Joe run for President.”

“You should not be distracted by random media articles. You need to help Uncle Joe run for President. Your father really should run for 2020 for this country,” she wrote on March 14, one month before Biden announced his candidacy for president on April 25 of that year.

The email also contains a list of reasons why Bao thinks Joe Biden would make a better leader than “ignorant+arrogant” then-President Trump.

In a section titled “Uncle Joe 2020,” Bao, the intermediary between Hunter and his corrupt business partners and CCP assets in China, includes a litany of character traits and policy issues she believes Joe Biden is strong on, including “wisdom,” “sensibility,” “leadership” and opposition to a southern border wall.

When domestic oil supplies began to decline, the Biden Administration appealed to foreign oil suppliers such as OPEC to open their valves to keep up with demand. Just last week, on a call with Chinese President Xi Jinping, Biden asked China to release their oil reserves to stabilize rising oil prices.
11-23-2021 06:24 PM
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CrimsonPhantom Offline
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Post: #9
RE: Hunter Biden helped Chinese conglomerate buy American-owned cobalt mine in $3.8B
China Energy exec. reportedly offered Hunter Biden MASSIVE 3-carat gem, $30 million in cash


Quote:Ye Jianming, who used to be the chairman of CEFC China Energy, reportedly offered presidential scion Hunter Biden lavish gifts including a huge 3-carat gem and $30 million in cash.

The revelation comes from emails recovered from a laptop belonging to Hunter Biden, which was abandoned at a Delaware repair shop in 2019. The story was initially widely censored by social media, and also by mainstream broadcast media. The contents of the laptop are, however, now being combed through by authorities.

According to the New York Post, "Chairman Ye had built his provincial energy company into a Fortune 500 colossus virtually overnight, an achievement described by Chinese news agency Caixin as 'another great enigma in the miraculous world of Chinese business.'"

The Post goes on to report that "he enjoyed the support of President Xi and was former deputy secretary general of the government’s propaganda arm, the China Association for International Friendly Contacts."

The pair allegedly met in 2017 during the International Boat Show in Miami Florida. This is where Hunter received the ring, which had an estimated worth of around $80,000 at the time. Photos of the ring were found on the Hunter laptop.

Emails found on the laptop also shout that Ye and Hunter were working on a deal to transfer natural gas to China under the auspices of Ye's company.

After this, a series of multi-million dollar wire transfers were performed to Robinson Walker LLC, a company closely associated with the Biden family, from Ye's company.
The Post continues, "These transactions are a direct link between Walker and the communist Chinese government and, because of his close association with Hunter Biden, yet another tie between Hunter Biden’s financial arrangements and the communist Chinese government."
11-28-2021 06:51 PM
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