VP Biden's niece updated Hunter's company on Chinese sovereign wealth fund during stint at Treasury: emails

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 87%

Business News News

Business Business Latest News,Business Business Headlines

President Biden's niece, who worked at the Treasury Department when he was vice president, emailed Hunter Biden's company information about China Investment Corporation.

a schedule from a CIC investment conference that took place a couple of weeks earlier.

A photo of Owens in the article showed her receiving a"small jade vase as a birthday gift" from China’s then-vice minister of finance, Zhu Guangyao. According to the Ministry of Finance website, its primary function is to implement the decisions and policies of the Chinese Communist Party in the area of public finance.

Weeks after returning from Beijing, Owens emailed Schwerin a Bloomberg News article about CIC, titled,"China’s CIC May Post Record Year for 2009 as Markets Recover," which Schwerin then forwarded to Hunter on July 23, 2010.Then on Aug. 4, 2010, Schwerin introduced Owens to Meridian Investments Vice Chairman Jack Casey via email after Schwerin said he had a conversation with him earlier that day about"GSEs and China.

On March 8, 2011, Schwerin sent Hunter and Rosemont Seneca co-founder Devon Archer an email containing the Sovereign Wealth Fund Institute’s current list of the top sovereign wealth funds, which are state-owned, and their rankings at the time. Then-Vice President Joe Biden, left, and his son Hunter Biden attend a women's ice hockey preliminary game between the United States and China at UBC Thunderbird Arena on Feb. 14, 2010 in Vancouver, Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in BUSİNESS

Business Business Latest News, Business Business Headlines