There is no question that President Donald Trump has been tough on China, especially with trade. Trump’s America First policies had initially strained relations between the U.S. and China but have returned huge dividends on bringing jobs back to America and forcing China to be even-handed at the negotiation table.
In true Democrat fashion, however, this is “bad business” and Trump is going to ruin the world by making America stronger and more prosperous. Far-left Democrats such as Joe Biden have been in China’s pocket for decades. This should be a major talking point for Trump, and a serious issue for America if Biden magically wins the election.
It should come at no surprise that Biden’s golden-son, Hunter, as been heavily involved in past dealings with China during the Obama years.
Hunter Biden touted his family’s political clout to solicit a $5 million investment from China for his U.S.-based financial advisory firm, according to a court filing by a white-collar convict who claims he had an inside view into Biden’s murky foreign business dealings.
John Galanis, 77, argues that the younger Biden used his businesses as a “pay-to-play influence peddling operation” by offering access to influential people in Washington, D.C., in exchange for investments. Galanis, who was convicted in 2018 of defrauding investors and the Wakpamni tribal community, states in the affidavit that his son, Jason Galanis, provided him with details of Biden’s offshore deals after befriending Biden’s longtime business partner Devon Archer.
In the affidavit, Galanis says that Biden and Archer worked to secure $15 million for their financial advisory company from the Chinese investment fund Harvest Fund Management in 2015, which agreed to provide them with $5 million after Biden reached out directly to the firm’s chairman and said it would be important to the Biden family.
“To induce Chinese, Biden sends email to Henry Zhao, Chairman/founder of Harvest,” said Galanis. “[Biden] says investment would be important to his family. Chinese agree to $5 million investment in Burnham Asset Management alone.”
At the time, Hunter’s firm, Burnham Financial, was facing insolvency and desperately needed a $5 million cash infusion to stay afloat.
Around the same time, Archer and Biden put together a financial proposal for Burnham to pitch to Harvest that promised “Washington, D.C., access” for investors, according to a copy of the presentation that was introduced in the trial. Biden was listed in the presentation as the vice chairman of Burnham & Co. and the CEO of Burnham Advisors.
In light of Hunter’s criminal actions with China, how can American voters trust Joe to be anything more than China’s lapdog?