“He has been working to unwind his investment,” Psaki said during a Feb. 5 press conference when asked about Hunter Biden’s stake in Bohai Harvest RST Shanghai Equity Investment Fund Management, commonly known as BHR Partners.
She then directed reporters to the younger Biden for further questions.
“I would certainly point you—he’s a private citizen. I would point you to him or his lawyers on the outside on any update,” she said.
Hunter Biden didn’t immediately respond to a request for comment from The Epoch Times.
Hunter Biden is the sole beneficial owner of Skaneateles LLC, according to Washington, D.C., corporate records obtained by the Daily Caller.
“My son, my family will not be involved in any business, any enterprise that is in conflict with or appears to be in conflict, where there’s appropriate distance from the presidency and government,” he said during the Dec. 3, 2020, interview.
According to the assessment of Biden’s top intelligence pick, Hunter Biden’s stake in BHR Partners needs to be put in the crosshairs.
“China is adversarial and an adversary on some issues and, in other issues, we try to cooperate with them, whether in the context of climate change or other things,” she said.