SECRET EMPIRES: Joe Biden’s Son’s Firm Struck Billion-Dollar Deal With Chinese Govt 10 Days After Biden Visited China
by Cristina Laila
TheGatewayPundit.com
March 15, 2018
A new book, Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends reveals how the Biden family secured a billion-dollar China deal just days after former Vice President Joe Biden visited China in 2013.
The Clintons aren’t the only ones securing huge contracts with foreign governments off their political status.
Breitbart reported:
“The Biden bombshell is one of many revealed in a new investigative book Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends by Government Accountability Institute President and Breitbart News Senior Editor-at-Large Peter Schweizer. Schweizer’s last book, Clinton Cash, sparked an FBI investigation into the Clinton Foundation.
According to an exclusive New York Post excerpt from the book, the Biden billion-dollar China deal occurred as follows. In 2013, Hunter Biden was managing partner in the private equity firm Rosemont Seneca Partners. The Chinese funds were managed by Rosemont Seneca Bohai, which did not involve Chris Heinz.
In December of that year, Vice President Biden and his son Hunter flew aboard Air Force Two to China. Ten days after the trip, a subsidiary of the Bank of China named Bohai Capital signed an exclusive deal with Hunter Biden and Chris Heinz’s Rosemont to form a $1 billion joint-investment fund called Bohai Harvest RST. The deal was later increased to $1.5 billion.
“The Chinese government was literally funding a business that they co-owned along with the sons of two of America’s most powerful decision makers,” writes Schweizer in Secret Empires.
The Biden bombshell is just one of many to be revealed in the book Secret Empires which goes on sale March 20th.
The Rest…HERE
