BHR Partners was a joint venture between Rosemont Seneca Partners, an investment fund founded by Hunter Biden and Obama-era Secretary of State John Kerry’s stepson in 2009, and the state-owned Bank of China. The billion-dollar fund was notoriously birthed less than two weeks Hunter traveled to China alongside his father and then Vice President.
While Hunter pledged to divest of his stake in the company in 2019, the Daily Caller revealed he retained shares for months after his announcement. Now, it is alleged he still owns 10 percent of the fund.
While the Biden family was raking in millions from inking deals with Chinese state-owned enterprises – all the while bolstering the CCP’s military capabilities – the Trump administration was busy preserving and protecting American intellectual property and national security.