Chinese-American bank, Cathay Bank, supplied Hunter hawks Sens. Ron Johnson (R-WI) and Chuck Grassley (R-IA) with documents highlighting millions of dollars in Hunter Biden transactions running through Chinese businesses directly connected to the CCP.
The interesting bit: every other American bank denied the two Republicans’ requests for Biden’s financial records. Strange —at first. But Johnson says it makes sense.
“In my mind, it’s the Chinese government telling Joe Biden, ‘We got the goods on you, buddy, and we’re willing to dish it up,’” Mr. Johnson told The Washington Times.
According to reports, the records that were shared included information on both embattled First Son Hunter Biden and Joe’s brother James Biden —and their connection to the now-defunct CEFC China Energy company.
“The energy giant wired $1 million to Hudson West III, a joint venture owned by Hunter Biden and Gongwen Dong, a business associate of CEFC’s founder and chairman, Ye Jianming,” The Washington Times reports.
The Times continues: “A second Chinese energy company, Northern International Capital Holdings, which is associated with the communist-backed CEFC, wired $5 million to Hudson West III, the Cathay Bank records show. The money sent from the two companies funded a $4.8 million wire transfer from Hudson West III to Hunter Biden’s companies Owasco P.C. and Owasco LLC, and Lion Hall Group, owned by the president’s brother James Biden.”
“This is $5 million from a company connected to Ye Jianming and CEFC and its affiliates, which are essentially arms of the communist Chinese regime,” Grassley said on the Senate floor.
Johnson says there’s reason for concern regarding the ease with which these records were obtained —in other words, very easily.
“We just requested the records, and no questions asked. They just turned them over to us,” Mr. Johnson said. “That’s not by accident.”
Is China sending a not-so-subtle threat to the Bidens? If they have something on the Biden family, is that the reason the Biden Administration disbanded the China Initiative, allowed a Chinese spy balloon to fly over the U.S., and suspended Trump-era tariffs?
Interesting questions.
