From Breitbart.com (Jan. 24):
Multiple financiers with direct ties to Chinese intelligence partnered with Hunter Biden during and after his father’s time as Vice President — including the former head of the Ministry of State Security and the head of foreign intelligence recruitment — and some of those relationships remain intact, according to Red-Handed: How American Elites Get Rich Helping China Win, by Breitbart News senior contributor Peter Schweizer.
Schweizer explains that Beijing saw a financial relationship with the Bidens as an opening for “elite capture,” which allowed Hunter Biden to secure meetings 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 central early players in the Bidens’ Chinese deals is a tycoon by the name of Che Feng, or “The Super Chairman,” as Hunter and his partners referred to him.
Che, the son of a PLA soldier, has been described in Western media as “a shadowy and discreet investor,” whose father-in-law was the governor of the People’s Bank of China, and whose business partner was the Vice Minister of State Security, a man by the name of Ma Jian. Schweizer writes that Ma was reportedly the director of the ministry’s No. 8 Bureau, overseeing North American operations targeting foreigners with its counterintelligence apparatus.
“The hazard of a Chinese businessman with close ties to the top ranks of Beijing’s spy agency 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,” Schweizer writes in Red-Handed.
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.”
“According to Michael Lin, another Chinese partner, Hunter’s role in the venture was pretty straightforward: ‘Open as many doors as possible in the western world for this very famous Bohai professional team.’ There was also the expectation that Hunter and his partners would ‘join some of the meetings in HK and China they arrange’ when communicating with possible financial partners,” Schweizer adds.
The Super Chairman and Ma Jian were eventually arrested and charged with money laundering and bribery, taking them out of the deal with Biden, however, the connections Hunter had made through them were already established, and Zhao would serve as a conduit for more deals ahead. [read more]
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