What Was Hunter Biden Up To on a 2013 Trip to China?
Claims by Pam Bondi that he met with ‘Chinese bank partners’ are partially true.
|Alec Dent||Aug 27|| 13||17|
Former Florida Attorney General Pam Bondi appeared at the Republican National Convention Tuesday night. During her speech, Bondi suggested that Democratic presidential nominee Joe Biden’s son Hunter Biden traveled to China with his father on Air Force Two during the Obama administration and used his time there to secure a business deal with Chinese bankers. Bondi stated:
“Fact: Joe Biden flew to China on Air Force Two with Hunter along for the ride. They said he was just there as a family member, but we know that’s untrue. In Beijing, Hunter didn’t just go sightseeing. He had meetings with his Chinese bank partners. Hunter even arranged for his dad to meet with one of the partners. Ten days later, those Chinese Communist bankers approved millions to go to Hunter’s firm, and those bankers work for the Chinese Communist Party, which oppresses their people, cheated American workers for decades and covered up a deadly virus. To this day, Hunter controls a 10% stake in that firm.”
The claim contains several elements of truth—Hunter Biden and his daughter did indeed join the vice president on a trip to China in December 2013. While he was in China, Hunter Biden met with one of his business partners, a Chinese banker named Jonathan Li, in what Biden and Li both claim was a social visit. Li and Hunter Biden were both involved in Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co., or BHR Partners, a private investment firm founded in 2013. No specifics about the meeting have come out, leaving Biden and Li’s statements as the only insight into what occurred in the meeting. Their accounts, of course, cannot be verified. The New Yorker also reported that Hunter arranged for his father to shake hands with Li in the lobby of the hotel in which they were staying.
It is in her claims about Hunter Biden meeting with “Chinese Communist bankers” that Bondi errs. Biden’s meeting with Li is verifiable, but there is no evidence that Hunter Biden met with other “Chinese bank partners.” Twelve days after Hunter Biden arrived in China, BHR Partners was officially registered. BHR claims that the timing was merely a coincidence and that the firm had applied to register the business a month before the Bidens visited China. There’s no evidence that the registration, or any resulting funds, came as a result of any activities Biden undertook while on the trip.
In a statement released in October 2019, Hunter Biden’s lawyer claimed that his client’s position on BHR’s board of directors was “an unpaid position” and that “Hunter has not received any compensation for being on BHR’s board of directors. He has not received any return on his investment; there have been no distributions to BHR shareholders since Hunter obtained his equity interest.” Li also stated that Hunter Biden’s position was unpaid in a letter confirming that Biden had resigned from BHR’s board of directors in October 2019. BHR filings also show that Hunter Biden did not become a shareholder in the firm until after his father was no longer in office, in October 2017. Biden purchased a 10 percent stake in the company, valued at about $425,000.
Bondi’s presentation of Biden’s activities in China contains some truth, but her claim that Hunter Biden met with Chinese bankers who then “approved millions to go to Hunter’s firm” cannot be substantiated.
Neither the Trump campaign nor Bondi responded to a request for comment.
Photograph by Teresa Kroeger/Getty Images.