Hunter Biden still owns stake in Chinese firm 100 days into father's presidency, documents show
Fox News
President Biden's son, Hunter Biden, still owns a stake in a Chinese private equity firm 100 days into his father’s presidency after the president pledged to prohibit family members from engaging in international business dealings, according to financial documents.
"No one in my family will have an office in the White House, will sit in on meetings as if they are a cabinet member, will, in fact, have any business relationship with anyone that relates to a foreign corporation or a foreign country," then-candidate Joe Biden said in October 2019. But Chinese business records reviewed by Fox News show that Hunter Biden continues to hold a 10% stake in Chinese private equity firm Bohai Harvest RST Equity Investment Fund Management Co. through Hunter's company, Skaneateles LLC.
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