On Tuesday Harper-Collins released Red-Handed: How American Elites Get Rich Helping China Win, by Peter Schweizer. The title is pretty self-explanatory, and the book gives bombshell new information into the business dealings of our current President Joe Biden.
Breitbart News senior contributor, Schweizer discusses all the direct ties to China Hunter Biden had during and after his father’s time as Vice President. Beijing took advantage of its relationship with Hunter, and viewed it as an opening for “elite capture.”
Hunter was able to use that leverage “and score major 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.”
One of the Chinese tycoons Biden did business with was “The Super Chairman” or Che Feng. Che was described in Western media as “a shadowy and discreet investor” whose father-in-law was the governor of the People’s Bank of China.
His business partner was the Vice Minister of State Security, Ma Jian. Ma reportedly oversaw North American operations targeting foreigners with its counterintelligence apparatus as the director of the ministry’s No. 8 Bureau.
Schweizer writes in his book, “the hazard of a Chinese businessman with close ties to the top ranks of Beijing’s spy age3ncy 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 and Ma Jiian were eventually arrested and charged with money laundering and bribery. But the relationships and business they made with the Bidens were still in play. Breitbart reports:
The Super Chairman was meant to “fuse Chinese financial might to those with access to the highest levels of power in the Western world,” which led to the creation of Bohai Harvest RST (BHR), “funded by China’s biggest government-backed financial institutions,” with the Biden scion and his American partners.
Another partner the Bidens were introduced to via “The Super Chairman” is Zhao Xuejun (aka Henry Zhao), who formed Harvest Fund Management. Zhao was the chairman and Chinese Communist Party general secretary at the firm.
Zhao had another company called “Harvest Global Investments,” which he co-founded with Jia Liqing, the daughter-in-law of a member of the Politburo Standing Committee at the time. Jia Chunwang, Liqing’s father, is the former minister of state security, “in charge of secret service, espionage, and domestic and overseas intelligence work.” That firm, Harvest Global Investments, wired $5 million to another Hunter Biden business called Burnham.
“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.”
Eventually, BHR began buying and investing in companies in China and the U.S. “Between the BHR deal and the $5 million wired by Harvest, Hunter received some $25 million from Chinese businessmen tied to the highest levels of Chinese intelligence” Schweizer writes.