“Retreat by a thousand small, slow steps.”
When comes to China, the Biden administration has tried to sound tough, even while making concessions to the Beijing regime and getting nothing in return for it.
The latest example of this comes as Biden gets criticism from all corners for approving the sale of oil from the Strategic Petroleum Reserve to China. Peter Schweizer and co-host Eric Eggers update us on the China-Biden connections and latest revelations.
- Thanks to a Treasury Department “interpretation,” Americans can still own stock in companies that were placed on a blacklist by the Trump administration because of their direct ties to the Chinese military.
- The Biden administration’s Justice Department has discontinued the “China Initiative,” meant to crack down on Chinese attempts to acquire or steal American technology.
- Thanks to the Biden administration’s “green energy” enthusiasm, tariffs have ended on solar panels made by Asian countries who are assembling or repackaging solar panels made in China.
- The Biden administration has also signaled its intention to remove or lift other tariffs imposed by the Trump administration on Chinese products. It has also been friendlier toward Chinese companies such as Huawei and ByteDance (owner of TikTok) in recent weeks.
And all of this has been done with zero concessions from the Chinese government on any of the outstanding diplomatic, military, strategic, health or trade issues that so concern most Americans.
Because the Biden family has been so deeply involved and has so vehemently denied their involvement with Chinese business, the next question is as inescapable as the first: Does the flow of money to the Biden family from China influence the foreign policy of the United States?
Recent reports from The Daily Mail and The New York Post make it clear President Joe Biden has been lying about his knowledge and likely his involvement in his son’s business dealings since at least 2018.
As Peter says on the most recent episode of The Drill Down podcast, “It’s not just about Hunter Biden. It’s the fact that Hunter Biden is the son of the former vice president of the United States — the current president of the United States — and the question is: do his commercial activities, and his financial ties to China reflect in some way on Joe Biden’s policy or posture towards China?”
Peter also wrote about this for the Gatestone Institute recently. Today, he adds that evidence from the laptop establishes that Hunter and his business partner, Eric Schwerin, met 21 times in the White House or the official Vice President’s residence during the Obama years. And these meetings correspond to dates immediately after we know Hunter made trips to either China or Russia to conduct business there. “How does that line up with what Joe Biden claims is his relationship with Hunter Biden and his lack of knowledge of his son’s business dealings?”
Closing the show, Peter says, “What I would just encourage people to do, when they’re consuming information, don’t worry about that [drug abuse] stuff… Move on. We all know the problems that Hunter has. In a way, it makes him a more sympathetic figure because when it comes to some of the charges that he’s facing from this grand jury, I can guarantee you the defense is going to say ‘Look, he has substance abuse issues… he has problems… please don’t pick on poor Hunter.’ So, put all that stuff away. It’s irrelevant. What matters is cronyism. Follow the money. That’s the bottom line.