Hunter Biden Still Owns Stake in Chinese Firm

Hunter Biden Still Owns Stake in Chinese Firm
Hunter Biden attends his father Joe Biden's inauguration as the 46th President of the United States on the West Front of the U.S. Capitol in Washington on Jan. 20, 2021. Jonathan Ernst/Pool/Reuters
Zachary Stieber
Updated:

President Joe Biden’s son Hunter Biden continues to own a stake in a Chinese investment company, which undermines the promise the president made on the campaign trail that his family would be free of foreign business dealings.

The younger Biden, who was involved in a number of business deals while his father was vice president, including in China, retains a 10 percent stake in a Chinese private equity firm called Bohai Harvest RST Equity Investment Fund Management Co. (BHR), according to business records available online. BHR is co-owned by the state-controlled Bank of China.

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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