President Joe Biden said he “met alone” with Chinese President Xi Jinping when he was vice president because it was inappropriate for former President Barack Obama to meet with him.
While speaking in Chicago about his failing economy and plan to revive it, Biden told the crowd a story about his lengthy experience with Xi, the head of the Chinese Communist Party, which has tentacles throughout Biden family business deals.
“I was on the Tibetan plateau with Xi Jinping. I traveled 17,000 miles with him. I spoke with him and it started when I was vice president and he was the vice president. We knew he was going to be the successor,” Biden said.
“It was inappropriate for Barack to spend time with him but I spent a lot of time with him,” he said. “I met alone with him, just he and I, along with a simultaneous interpreter, 68 times, 68 hours, 68 times — more than 68 hours — by the way, I turned in all my notes.”
Chinese Vice President Xi Jinping and U.S. Vice President Joe Biden at a luncheon hosted by the Mayor’s office. (Photo by Tim Rue/Corbis via Getty Images)
Joe Biden took 411 trips while he was vice president. One of the 411 trips was to Beijing, China, in 2013 under the “trappings” of a family vacation.
Hunter flew to China with his father aboard Air Force Two. During the excursion, Hunter introduced Joe Biden to his Chinese business partner and Chinese private equity executive Jonathan Li, who is the CEO of the same company linked to Chinese energy interests.
Ten days after the visit to China, Hunter secured a ten percent interest in BHR Partners, a Chinese state-backed investment fund co-founded with Li. The fund’s capitalization was $1 billion.
The Bank of China, a state-owned bank, controls BHR Partners. BHR Partners’ website boasts 15 billion RMB in various portfolio companies, translating to more than two billion USD.
Hunter Biden held a ten percent interest in BHR with the entity Skaneateles LLC. Hunter Biden controlled Skaneateles, according to Chinese public records from Baidu, as the sole governor until its dissolution in September 2021, a Washington, DC, registration indicated. Documents obtained by Breitbart News, first revealed by nonprofit Marco Polo, show the control of Skaneateles LLC is held by Kevin Morris, Hunter Biden’s top attorney, who also paid Hunter Biden’s IRS debts.
In 2017, Jonathan Li, the CEO of investment fund BHR, reached out to Hunter Biden and his business partners Devon Archer and Jim Bulger for advice about a college application for his son. Bulger was a part of the CEFC Energy deal with “10 held by H for the big guy,” according to a 2017 email from Hunter Biden’s laptop.
President Joe Biden attends his granddaughter Maisy Biden’s commencement ceremony with first lady Jill Biden and his son Hunter Biden at the University of Pennsylvania in Philadelphia, Monday, May 15, 2023. (AP Photo/Patrick Semansky)
The CEFC chairman was Ye Jianming, who paid Hunter a $1 million retainer fee for legal services in 2017. Hunter also received a large diamond from Ye in February 2017 worth an estimated $80,000. Ye “had direct abiding and deep ties to Chinese intelligence when they were arranging these ideals for the Bidens,” according to Breitbart News senior contributor and Government Accountability Institute president Peter Schweizer.
“The Bidens are the best I know at doing exactly what the chairman wants from this partnership,” Hunter Biden told a CEFC associate in 2017.
It appears many Biden family members accepted money from a deal with CEFC. The House Oversight Committee revealed in March that CEFC controlled State Energy HK Limited, a company linked to the $1.3 million collective payments to the Biden family members.
Through the Biden family’s suspicious activity reports (SARs), the committee also discovered a Biden associate, Rob Walker, received a $3 million wire transfer from CEFC. In turn, four Biden family members — Hunter, James, Hallie, and an unidentified “Biden” — received a collective $1.3 million cut from the $3 million wire transfer.
Follow Wendell Husebø on Twitter @WendellHusebø. He is the author of Politics of Slave Morality.