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Hunter Biden Backed Chinese Firm Is Investor In Nuclear Plant With Possible Leak


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Key Points

  • A CGN spokesperson has denied any risk of a leak, but Framatome, the plant’s co-owner, publicly acknowledged a “performance issue”
  • Hunter Biden announced he was stepping down from BHR’s board in 2019, but he still holds a financial stake in the company

 


Bohai Harvest RST (BHR), the Chinese investment firm Hunter Biden helped launch in 2013, is an investor in the Chinese nuclear firm behind a reported radiation leak at a nuclear plant.

In 2014, BHR became an “anchor investor” in China General Nuclear Power Company (CGN), a state-owned nuclear company. CGN is the majority owner of the Taishan Nuclear Power Plant, where US officials are assessing a potential radiation leak. Hunter’s ties to CGN were first reported in 2018’s Secret Empires by Peter Schweizer.

A CGN spokesperson has denied any risk of a leak, but Framatome, the plant’s co-owner, publicly acknowledged a “performance issue” related to one of the reactors. According to CNN, Framatome disclosed the issue to the Department of Energy last month, later requesting emergency authorization to use US expertise to address the issue.

CNN also reported that the US government privately accused Chinese officials of raising the acceptable levels of radiation detected in the surrounding area in order to avoid shutting down the plant. A spokesman for China’s foreign ministry has insisted that radiation levels near the Taishan plant are normal.

The leak is not CGN’s first brush with controversy. In 2016 federal prosecutors charged CGN with espionage for attempting to steal US nuclear secrets. Last year, the Defense Department included CGN on a list of companies “owned or controlled by” the Chinese military.

Hunter Biden announced he was stepping down from BHR’s board in 2019, but he still holds a financial stake in the company.