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Friday, September 11, 2020

Hunter Biden’s Chinese Firm Helped Buy Out Michigan Automotive Company to Create Jobs Overseas

Democrat presidential candidate Joe Biden delivered a speech in Macomb County, Michigan, on Wednesday, slamming the practice of outsourcing. Unmentioned was his son Hunter’s ties to a Chinese government acquisition of a Michigan company that is delivering jobs to China, Mexico, Europe, and South America.

“Make it in Michigan, make it in America, invest in our communities and the workers in places like Warren … Getting a good job in 2020 shouldn’t be a lottery … it should be an expectation,” Biden told American auto workers.

Biden’s pitch, though, is muffled by his son Hunter’s ties to the Chinese government.

First detailed in Peter Schweizer’s, president of the Government Accountability Institute and senior contributor at Breitbart News, 2018New York Times bestseller Secret Empires, Hunter Biden sat on the board of directors of Bohai Harvest RST (BHR), a private equity firm he founded that was funded with $1.5 billion from the Chinese government via the Bank of China.

The dealings of BHR, from which Hunter Biden stepped down in October 2019, were most recently noted in Schweizer’s Profiles in Corruption.

Specifically, Hunter Biden sat on the board of BHR while the firm jointly acquired Michigan-based Henniges Automotive with the Chinese government-owned Aviation Industry Corporation of China (AVIC) for $600 million.

Before the Obama-Biden administration approved the acquisition, AVIC had been sanctioned five times since 1993 for military technology violations, according to a report by Seamus Bruner and John Solomon. In 2014, Obama’s Commerce Department was considering sanctions for an AVIC subsidiary.

Schweizer writes in Profiles of Corruption:

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8 comments:

Anonymous said...

The swamp got rich by letting corporations send all the jobs overseas.

Self Defense Training said...

Elites are unreal!

Anonymous said...

Maybe you should look at where your MAGA hat was made.

Anonymous said...

Profiles in Corruption. Buy it, borrow it, but read it.

Anonymous said...

Biden said he will put all restrictions back on factory’s that trump got rid of.

Anonymous said...

The only union BRAINDEAD Joe has is AFSCUM. The useless dipshit State Union. We all have seen State worker's and their fanstastic ability to MUCK UP EVERYTHING.

Anonymous said...

Gotcha Again Biden !!!!!

Anonymous said...

What I can’t understand is why state and federal government workers still get regular salaries when everyone else has to get unemployment! Why shouldn’t they eat crow like the others?