A nearly 60-page intelligence report dated October 2 and provided to RedState late Wednesday details the relationship between multiple Chinese State-Owned Entities (SOE’s) and companies owned by Hunter Biden, Chris Heinz (stepson of former Secretary of State John Kerry), Devon Archer, James Bulger, and suspected Chinese intelligence asset Michael Lin. Despite what Hunter Biden’s attorney claimed in 2019, Hunter started traveling to China shortly before the Big Guy became Vice President and signed contracts with SOE’s while the Big Guy was Vice President.
According to Christopher Balding, Associate Professor at Peking University HSBC School of Business Shenzhen – who notes that he did not vote for Donald Trump in 2016 and will not be voting for him this year – who reviewed the report before publication:
Lost among the salacious revelations about laptop provenance is the more mundane reality of influence and money of major United States political figures. Ill-informed accusations of Russian hacking and disinformation face the documented reality of a major Chinese state financial partnership with the children of major political figures. A report by an Asian research firm raises worrying questions about the financial links between China and Hunter Biden.
Beginning just before Joe Biden’s ascendancy to the Vice Presidency, Hunter Biden was traveling to Beijing meeting with Chinese financial institutions and political figures would ultimately become his investors. Finalized in 2013, the investment partnership included money from the Chinese government, social security, and major state-owned banks a veritable who’s who of Chinese state finance.
It is not simply the state money that should cause concern but the structures and deals that took place. Most investment in specific projects came from state-owned entities and flowed into state-backed projects or enterprises.