President Joe Biden met Chinese dictator Xi Jinping for high-level talks in California on Wednesday, marking the first time the two leaders have spoken face-to-face in a year.
While specific details of the conversation will assuredly remain under wraps, a White House readout of the discussion indicates that Biden and Xi covered a variety of hot-button issues, including Russia’s invasion of Ukraine, Israel’s defense against Hamas terrorists in the Middle East, and Taiwan. The two leaders also agreed to revive communications between the U.S. and Chinese militaries.
Given Biden and his administration’s history of getting humiliated in talks with their Chinese counterparts, it wasn’t surprising that Wednesday’s meeting didn’t produce any headway on holding China accountable for its human rights violations, military aggression, or cover-up of Covid-19’s origins. But aside from Biden’s incompetence at juggling U.S. foreign policy, Wednesday’s U.S.-China talks raised a far more concerning question.
How can Biden be trusted to manage U.S. relations with China when he and his family have received millions of dollars from Chinese entities connected to the Chinese Communist Party?
The Paper Trail
Despite Joe Biden claiming on national television that his son, Hunter, “has not made money” from Chinese entities, the New York Post published a bombshell story in the weeks leading up to the 2020 election, sourced to Hunter’s laptop, which called Biden’s assurances into question. Emails from the laptop showed Hunter had “pursued lucrative deals” with CEFC China Energy Co., a Chinese energy giant that operates as “an arm of the Chinese Government.”
As The Federalist’s Jordan Boyd reported, one email obtained by the Post showed Hunter describing a business transaction as “interesting for me and my family.” Another listed the younger Biden as “‘Chair / Vice Chair depending on agreement with CEFC’ with pay at ‘850’ and could offer monetary compensation for six people.”
“Those involved in the email from James Gilliar of the international consulting firm J2cR, including Hunter, were allegedly part of the four people who created a ‘provisional agreement’ to split 80 percent of the ‘equity’ of the company equally with ’10 for Jim’ and ’10 held by H for the big guy,'” Boyd wrote. While “Jim” is in reference to Joe’s older brother James Biden, a highly credible confidential human source has since corroborated that “big guy” was a moniker used to refer to Joe Biden.
Hunter’s dealings with CEFC often involved Ye Jianming, the since-arrested head of CEFC who has ties to China’s military. In early 2017, Hunter worked for Ye “as a counselor and adviser” and was later hired by CEFC in September 2017 to serve as defense counsel for Chinese businessman Patrick Ho, “despite his little experience in criminal defense.” Ho — who served as Ye’s “top lieutenant” and whom Hunter referred to as “the fucking spy chief of China” — was arrested and later convicted by the Justice Department for bribing the presidents of several African countries.
Bank records obtained by Iowa Sen. Chuck Grassley’s office indicate that Hunter was paid $1 million for representing Ho. According to Yahoo News, however, “it is not clear what work, if any, [Hunter] did for Ho,” with court records of Ho’s case “show[ing] no indication that Biden or his law firm at the time … participated in Ho’s legal defense.”
A bevy of communication records released by the House Ways and Means Committee in September included a December 2018 WhatsApp text exchange between Hunter and Hallie Biden — who was the widow of Joe’s other son, Beau, and dated Hunter after Beau’s passing — lamenting Ho’s arrest and Ye’s disappearance. The records also showed how Hunter sold the Biden “brand” to overseas business associates to increase the family’s fortunes.
But as additional evidence released by House Republicans has shown, the Bidens’ financial connections with CEFC and its associates run deeper than previously known, and in several cases, further implicate Joe Biden. Despite the elder Biden repeatedly denying involvement in his family’s foreign business ventures, Hunter’s communication records indicate that Joe was keenly aware of his son’s overseas financial interests and served as a primary force behind the operation.
A series of July 2017 WhatsApp messages sent by Hunter to Chinese businessman Raymond Zhao show the younger Biden leveraging “his father’s name and threaten[ing] CEFC executives unless a lucrative deal was worked out with Ye.” In his messages, Hunter explicitly stated, “I am sitting here with my father and we would like to understand why the commitment made has not been fulfilled.” He further threatened to leverage “the man sitting next to me and every person he knows” to punish Zhao should he fail to follow through on the arrangement.
Within 10 days of that conversation, a CEFC subsidiary poured roughly $5 million into a Biden-linked bank account. Bank records recently obtained by House Republicans show that on the same day, Hunter “transferred $400,000 out of [that account] and into his corporation, Owasco P.C.,” before wiring $150,000 of these CEFC-tied funds to a company owned by James and his wife, Sara, who withdrew $50,000 from said company and deposited the money into their personal checking account. Less than a month later, on Sept. 3, 2017, Sara signed a $40,000 check to Joe, claiming it represented a “loan repayment.”
As noted by The Federalist’s Margot Cleveland, “the $40,000 Joe ‘the Big Guy’ Biden received was exactly 10 percent of the $400,000 Hunter Biden received from CEFC.”
Untrustworthy at Best
At a time when China is becoming increasingly aggressive towards the U.S. and its allies, Americans need leaders doing everything in their power to stand up for U.S. interests and limit threats to their security. But with Biden at the helm, that’s no longer a guarantee.
Lunch Bucket Joe and his family’s financial ties to individuals and entities connected to Beijing’s communist government make him a liability for the United States. Americans can’t — and shouldn’t — trust that Biden’s judgment over anything having to do with U.S.-China relations is fully within their best interests.