Red-Handed: New book describes how Biden family sc
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Posted On: 01/26/2022 12:17:04 AM
Red-Handed: New book describes how Biden family scored $31 million from deals with people tied to Chinese intelligence.
Joe Biden and President Xi of China-
WASHINGTON, D.C. – A “bombshell new book,” written by Breitbart News senior contributor Peter Schweizer, describes massive financial benefits for the Biden family in return for crafting business deals with persons and entities closely connected to Chinese intelligence.
The book is Red-Handed: How American Elites Get Rich Helping China Win, which has been released today, January 25, 2021, and it is available in hardcover, kindle, audible, and paperback forms.
According to Breitbart’s summary of Schweizer’s book:
“Multiple financiers with direct ties to Chinese intelligence partnered with Hunter Biden during and after his father’s time as Vice President — including the former head of the Ministry of State Security and the head of foreign intelligence recruitment — and some of those relationships remain intact.”
Schweizer describes how Beijing seized an opportunity to craft relationships with the Bidens “as an opening for ‘elite capture.’”
Through these relationships, Hunter Biden was able to meet and make deals with “people in the highest levels of Chinese financial institutions and the Chinese Communist Party — and in return they would be able to leverage the Bidens’ power for their interests.”
Investor Che Feng, also known as “The Super Chairman,” was one of those deal-makers. He is the son of a People’s Liberation Army soldier, and the son-in-law of the governor of the People’s Bank of China.
His business partner was Ma Jian, the Vice Minister of State Security. According to Schweizer, Ma oversaw Chinese counterintelligence for Northern American operations.
( Update: Ex-Vice Minister of State
A court in China sentenced Ma Jian to life in prison Thursday, three years after the controversial former vice minister for state security came under investigation for corruption.
Ma was convicted on charges including bribery and insider trading, according to the Dalian Intermediate People’s Court. All of Ma’s personal assets will be confiscated. He pleaded guilty and will not appeal, the court said (Link in Chinese).
Since 2006, Ma had been the vice minister of China’s ministry of state security, which oversees foreign and counterintelligence operations. He was put under investigation in 2015 and removed from the post one year later.
The investigation of Ma was linked to one of China's most-wanted fugitives, Guo Wengui, a property tycoon who fled China in 2014.
According to a court statement, Ma used his power to help Guo and Guo’s property company, Beijing Zenith Holdings, to gain business favors between 1999 and 2014, and he received bribes totaling 109 million yuan ($15.8 million).
Between 2008 and 2014, Ma sent national security officials to threaten shareholders of Minzu Securities to assist Guo’s company in taking control of the brokerage house. Ma and his family gained more than 49 million yuan through insider trading related to the deal, the court found.Security Ma Jian Gets Life in Prison )
https://www.caixinglobal.com/2018-12-28/ex-vi...64011.html
“The Super Chairman” partnered with Hunter Biden and other Americans to create Bohai Harvest RST (BHR), in order to “fuse Chinese financial might to those with access to the highest levels of power in the Western world.”
Regarding this deal, Schweizer points out in Red Handed:
“The hazard of a Chinese businessman with close ties to the top ranks of Beijing’s spy agency conducting financial transactions with the son of the U.S. vice president cannot be overstated.
“How this did not set off national security or ethics alarm bells in Washington is a wonder in itself.”
“The Super Chairman” also introduced the Bidens to Zhao Xuejun, who formed a firm called Harvest Fund Management. Breitbart reports that “Zhao was the chairman and Chinese Communist Party general secretary at the firm.”
Zhao’s other company, Harvest Global Investments, was also closely tied to Chinese intelligence. Breitbart explains that the company’s co-founder, Jia Liqing, is the daughter of Jia Chunwang, “the former minister of state security, ‘in charge of secret service, espionage, and domestic and overseas intelligence work.’”
Harvest Global Investments wired $5 million to Hunter Biden’s firm, Burnham Financial Group.
“There is no one more powerful in the world of Chinese intelligence,” Schweizer writes.
“The seductive and lucrative deal that Hunter was now putting into place, creating BHR, involved two financiers with ties to the highest levels of Chinese intelligence, a billion-dollar private equity deal that we first exposed in Secret Empires. What we now know are the roles played by the spy-connected ‘Super Chairman’ and Zhao.”
“According to Michael Lin, another Chinese partner, Hunter’s role in the venture was pretty straightforward: ‘Open as many doors as possible in the western world for this very famous Bohai professional team.’ There was also the expectation that Hunter and his partners would ‘join some of the meetings in HK and China they arrange’ when communicating with possible financial partners,’ Schweizer adds.”
Eventually, “The Super Chairman” and Ma Jian were actually arrested for money laundering and bribery, but that did not derail the connections that Hunter Biden had already made through them.
Thus, BHR began buying up or investing in other companies in China and the U.S. “with strategic importance.”
For example, BHR purchased an American company called “Henniges Automotive, which created anti-vibration technologies with military and civilian applications.”
The deal was helped by collaboration with the Aviation Industry Corporation of China, which Breitbart describes as “one of China’s largest military contractors and a major culprit in the theft of U.S. defense technology.”
Adding together the $5 million wired by Harvest plus additional millions from BHR deals, Hunter Biden reportedly received “some $25 million from Chinese businessmen tied to the highest levels of Chinese intelligence.”
In addition, Hunter Biden developed a “close working relationship” with CEFC China Energy Chairman Ye Jiemaing.
According to Breitbart:
“Hunter served as Ye’s ‘personal counsel,’ and also worked with him to broaden CEFC as a global energy company with holdings in Oman, Romania, Colombia, and Luxembourg.”
Breitbart continues:
“However, Ye also had close Chinese intelligence ties: ‘CEFC was housed in a complex in Shanghai’s French Concession section, an area ‘primarily controlled by China’s military.’ One of Ye’s early business partners was the granddaughter of ‘one of the founders of China’s military,’ Marshal Ye Jianying.”
The company’s logo alone pointed to Chinese interests. It contained a star, which according to an English website, represented “civil rights.” However, Schweizer writes:
“on the company’s Chinese-language site, the star signifies that ‘this organization will play a strong and powerful role for the interests of the Chinese state and nation.’”
Also, CEFC’s activities directly benefited the Chinese military, as “the company played a central role in China’s Belt and Road Initiative, and was an oil supplier to the People’s Liberation Army.”
Hunter Biden arranged for two business entities, Hudson West IV and SinoHawk, to be set up with Ye and CEFC “to invest in U.S. infrastructure.”
The Biden family coffers received $6 million from Ye’s companies.
Through Ye, Hunter Biden also cultivated a relationship with Ye’s “emissary” Gongwen Dong. At one point, Hunter, Joe and Jill Biden had plans to share an office with Dong after Joe Biden’s departure as Vice President.
Breitbart adds:
“But Dong was not only an “emissary” for the Chairman — at the time he was also the chief financial officer for Beijing-based Radiance Property Holdings, controlled by Lam Ting Keung, a businessman with deep connections to ‘united front’ groups linked to Chinese intelligence and a member of the Chinese People’s Political Consultative Conference, a central component of the CCP’s united front efforts, which often serve as covers for Chinese intelligence operations.”
Schweizer goes on to say regarding the Biden business dealings:
“In sum, each deal the Bidens secured in China was via a businessman with deep ties at the highest levels of Chinese intelligence.
“And in each case there appears to be little discernible business or professional service that was rendered in return for the money.”
https://www.breitbart.com/politics/2022/01/24...elligence/
Joe Biden and President Xi of China-
WASHINGTON, D.C. – A “bombshell new book,” written by Breitbart News senior contributor Peter Schweizer, describes massive financial benefits for the Biden family in return for crafting business deals with persons and entities closely connected to Chinese intelligence.
The book is Red-Handed: How American Elites Get Rich Helping China Win, which has been released today, January 25, 2021, and it is available in hardcover, kindle, audible, and paperback forms.
According to Breitbart’s summary of Schweizer’s book:
“Multiple financiers with direct ties to Chinese intelligence partnered with Hunter Biden during and after his father’s time as Vice President — including the former head of the Ministry of State Security and the head of foreign intelligence recruitment — and some of those relationships remain intact.”
Schweizer describes how Beijing seized an opportunity to craft relationships with the Bidens “as an opening for ‘elite capture.’”
Through these relationships, Hunter Biden was able to meet and make deals with “people in the highest levels of Chinese financial institutions and the Chinese Communist Party — and in return they would be able to leverage the Bidens’ power for their interests.”
Investor Che Feng, also known as “The Super Chairman,” was one of those deal-makers. He is the son of a People’s Liberation Army soldier, and the son-in-law of the governor of the People’s Bank of China.
His business partner was Ma Jian, the Vice Minister of State Security. According to Schweizer, Ma oversaw Chinese counterintelligence for Northern American operations.
( Update: Ex-Vice Minister of State
A court in China sentenced Ma Jian to life in prison Thursday, three years after the controversial former vice minister for state security came under investigation for corruption.
Ma was convicted on charges including bribery and insider trading, according to the Dalian Intermediate People’s Court. All of Ma’s personal assets will be confiscated. He pleaded guilty and will not appeal, the court said (Link in Chinese).
Since 2006, Ma had been the vice minister of China’s ministry of state security, which oversees foreign and counterintelligence operations. He was put under investigation in 2015 and removed from the post one year later.
The investigation of Ma was linked to one of China's most-wanted fugitives, Guo Wengui, a property tycoon who fled China in 2014.
According to a court statement, Ma used his power to help Guo and Guo’s property company, Beijing Zenith Holdings, to gain business favors between 1999 and 2014, and he received bribes totaling 109 million yuan ($15.8 million).
Between 2008 and 2014, Ma sent national security officials to threaten shareholders of Minzu Securities to assist Guo’s company in taking control of the brokerage house. Ma and his family gained more than 49 million yuan through insider trading related to the deal, the court found.Security Ma Jian Gets Life in Prison )
https://www.caixinglobal.com/2018-12-28/ex-vi...64011.html
“The Super Chairman” partnered with Hunter Biden and other Americans to create Bohai Harvest RST (BHR), in order to “fuse Chinese financial might to those with access to the highest levels of power in the Western world.”
Regarding this deal, Schweizer points out in Red Handed:
“The hazard of a Chinese businessman with close ties to the top ranks of Beijing’s spy agency conducting financial transactions with the son of the U.S. vice president cannot be overstated.
“How this did not set off national security or ethics alarm bells in Washington is a wonder in itself.”
“The Super Chairman” also introduced the Bidens to Zhao Xuejun, who formed a firm called Harvest Fund Management. Breitbart reports that “Zhao was the chairman and Chinese Communist Party general secretary at the firm.”
Zhao’s other company, Harvest Global Investments, was also closely tied to Chinese intelligence. Breitbart explains that the company’s co-founder, Jia Liqing, is the daughter of Jia Chunwang, “the former minister of state security, ‘in charge of secret service, espionage, and domestic and overseas intelligence work.’”
Harvest Global Investments wired $5 million to Hunter Biden’s firm, Burnham Financial Group.
“There is no one more powerful in the world of Chinese intelligence,” Schweizer writes.
“The seductive and lucrative deal that Hunter was now putting into place, creating BHR, involved two financiers with ties to the highest levels of Chinese intelligence, a billion-dollar private equity deal that we first exposed in Secret Empires. What we now know are the roles played by the spy-connected ‘Super Chairman’ and Zhao.”
“According to Michael Lin, another Chinese partner, Hunter’s role in the venture was pretty straightforward: ‘Open as many doors as possible in the western world for this very famous Bohai professional team.’ There was also the expectation that Hunter and his partners would ‘join some of the meetings in HK and China they arrange’ when communicating with possible financial partners,’ Schweizer adds.”
Eventually, “The Super Chairman” and Ma Jian were actually arrested for money laundering and bribery, but that did not derail the connections that Hunter Biden had already made through them.
Thus, BHR began buying up or investing in other companies in China and the U.S. “with strategic importance.”
For example, BHR purchased an American company called “Henniges Automotive, which created anti-vibration technologies with military and civilian applications.”
The deal was helped by collaboration with the Aviation Industry Corporation of China, which Breitbart describes as “one of China’s largest military contractors and a major culprit in the theft of U.S. defense technology.”
Adding together the $5 million wired by Harvest plus additional millions from BHR deals, Hunter Biden reportedly received “some $25 million from Chinese businessmen tied to the highest levels of Chinese intelligence.”
In addition, Hunter Biden developed a “close working relationship” with CEFC China Energy Chairman Ye Jiemaing.
According to Breitbart:
“Hunter served as Ye’s ‘personal counsel,’ and also worked with him to broaden CEFC as a global energy company with holdings in Oman, Romania, Colombia, and Luxembourg.”
Breitbart continues:
“However, Ye also had close Chinese intelligence ties: ‘CEFC was housed in a complex in Shanghai’s French Concession section, an area ‘primarily controlled by China’s military.’ One of Ye’s early business partners was the granddaughter of ‘one of the founders of China’s military,’ Marshal Ye Jianying.”
The company’s logo alone pointed to Chinese interests. It contained a star, which according to an English website, represented “civil rights.” However, Schweizer writes:
“on the company’s Chinese-language site, the star signifies that ‘this organization will play a strong and powerful role for the interests of the Chinese state and nation.’”
Also, CEFC’s activities directly benefited the Chinese military, as “the company played a central role in China’s Belt and Road Initiative, and was an oil supplier to the People’s Liberation Army.”
Hunter Biden arranged for two business entities, Hudson West IV and SinoHawk, to be set up with Ye and CEFC “to invest in U.S. infrastructure.”
The Biden family coffers received $6 million from Ye’s companies.
Through Ye, Hunter Biden also cultivated a relationship with Ye’s “emissary” Gongwen Dong. At one point, Hunter, Joe and Jill Biden had plans to share an office with Dong after Joe Biden’s departure as Vice President.
Breitbart adds:
“But Dong was not only an “emissary” for the Chairman — at the time he was also the chief financial officer for Beijing-based Radiance Property Holdings, controlled by Lam Ting Keung, a businessman with deep connections to ‘united front’ groups linked to Chinese intelligence and a member of the Chinese People’s Political Consultative Conference, a central component of the CCP’s united front efforts, which often serve as covers for Chinese intelligence operations.”
Schweizer goes on to say regarding the Biden business dealings:
“In sum, each deal the Bidens secured in China was via a businessman with deep ties at the highest levels of Chinese intelligence.
“And in each case there appears to be little discernible business or professional service that was rendered in return for the money.”
https://www.breitbart.com/politics/2022/01/24...elligence/
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