National Archives Release Photos of Joe Biden with Hunter and Chinese Business Associates

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Politics أخبار

Joe Biden,Hunter Biden,BHR Partners

The National Archives released photos showing then-Vice President Joe Biden meeting with his son Hunter and his business associates from BHR Partners, a Chinese private-equity firm, including President Xi Jinping and then-Vice President Li Yuanchao. BHR Partners has invested in numerous Chinese companies, including Didi Chuxing and Megvii Technology.

Of course the National Archives release the photos after the election and less than a month before Joe leaves office.

BHR Partners calls itself a private-equity firm, and it acts on behalf of large financial backers to find companies to invest in, most of them in China. In the U.S., BHR Partners participated in a $600 million buyout of Michigan automotive-suspension-systems maker Henniges Automotive in 2015, acquiring a 49% stake, but a banker involved in the deal said negotiations were handled primarily by Aviation Industry Corporation of China Ltd., a state-owned aircraft company that bought a 51% stake.

One email sent to Biden on May 13, 2017, with the subject line “Expectations,” included details of “remuneration packages” for six people involved in an unspecified business venture.

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