atans1

Background to Trump’s appeal to China on Bidens

In China on 05/10/2019 at 5:19 am

Trump had suggested on Thursday that the Chinese authorities could help dig up dirt on Mr Joe Biden and his son Hunter’s business dealings in China. Trump is already facing a  very rapidly escalating political crisis because of an impeachment inquiry.

The impeachment inquiry focuses on a whistleblower’s claim that the president put pressure on the Ukrainian president to investigate Joe Biden, the former vice-president and his potential rival in the 2020 presidential race.

Trump has now exacerbated the situation by asking for help from China, a nation that his own White House labelled a “revisionary power”.

Here’s what the BBC says:

What about the Bidens in China?

In 2013, then vice-president Mr Biden went to China on an official visit, where he met Chinese President Xi Jinping and other officials.

Hunter Biden and his daughter joined the vice-president, who had travelled with family members before.

During the two-day visit, Hunter met a Chinese banker, Jonathan Li, who would eventually become a business partner.

Mr Li founded a private equity fund shortly after the trip, and Hunter was on the board, although a spokesman for the younger Mr Biden told NBC News they did not discuss any business during the trip and the fund had been planned months earlier.

Hunter Biden was also not an equity owner in the fund during his father’s term as vice-president, according to the spokesman.

Hunter has denied meeting any Chinese officials about the business. However, he reportedly helped arrange for Mr Li to shake hands with Joe Biden during his trip to Beijing, which stoked claims of influence-peddling.

This August, Republican Senator and Finance Chairman Chuck Grassley questioned Hunter’s actions on the trip.

He said the younger Biden had a “history of investing in and collaborating with Chinese companies, including at least one posing significant national security concerns”.

https://www.bbc.com/news/world-us-canada-49924579?intlink_from_url=https://www.bbc.com/news/world/us_and_canada&link_location=live-reporting-story

There is also a story that a Chinese SWF invested a billion US$ in a hedge fund connected to Hunter. No credible evidence of this.

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