Hunter Sold the US Out to the CCP for a Key Ingredient in Electric Cars

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Perverted drug addict and art scammer, Hunter Biden, who serves as the “bag man” for “the big guy,” sharing accounts with big guy Joe as he reaps the rewards of political influence, sold us out again to China.

The sleazy son of Joe Biden is getting rich from his ventures, and he’s doing it at the great expense of the nation’s security and wealth. The latest news comes as Joe Biden is forcing electric cars on the country with huge subsidies from taxpayers as the nation goes broke. Actually, we are broke.

As Biden forces Americans into electric cars, Hunter can be credited with making our enemy, the CCP major players in the building of the batteries for the cars.

In 2013, he was part of a deal to sell one of the world’s largest cobalt mines to the CCP. Cobalt is a key ingredient in batteries for electric vehicles.

The president’s son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries for electric vehicles, The New York Times reported Saturday.

An investment firm where Hunter Biden, the president’s son, was a founding board member helped facilitate a Chinese company’s purchase from an American company of one of the world’s richest cobalt mines, located in the Democratic Republic of Congo.

Mr. Biden and two other Americans joined Chinese partners in establishing the firm in 2013, known as BHR and formally named Bohai Harvest RST (Shanghai) Equity Investment Fund Management Company.

The three Americans, all of whom served on the board, controlled 30 percent of BHR, a private equity firm registered in Shanghai that makes investments and then flips them for a profit. The rest of the company is owned or controlled by Chinese investors that include the Bank of China, according to records filed with Chinese regulators.

This deal was made when Biden was the sitting vice president.

It has taken on new relevance because the Biden administration warned this year that China might use its growing dominance of cobalt to disrupt America’s retooling of its auto industry to make electric vehicles. The metal is among several key ingredients in electric car batteries.

You are expected to believe Joe knew nothing about this.

When asked if the president had been made aware of his son’s connection to the sale, a White House spokesman said, “No.”

 


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Let's Go Brandon
Let's Go Brandon
3 years ago

Some comrades are a little more equal in the glorious unity collective and sadly we will all have to take a haircut so that the Biden crime family and other fellow travelers can live large.
Enjoy the high prices with shortages of everything and be thankful that dear ol’ Uncle Joe loves you! (sarc)

O/T-Trips to several Pik-N-Paks and I’d buy that for a dollar stores and it was hopping!
The Sack-N-Save has went berserk with the mark up barrage so other stores will get some business.
Shelves are decimated with Thanksgiving items running low.
Will the comrades who hate Thanksgiving have some pork rinds and rice cakes this year to show their disapproval? Bwahaha! Didn’t think so woke LARP poseurs.

GuvGeek
GuvGeek
3 years ago

History will not treat Traitor Joe and his Family well. Before this is over a lot of “Democrat” Families will be looked upon by History as far worse the The Nazi Party of the 1930’s and 1940’s Germany.

John Vieira
3 years ago

“Oh what a tangled web we weave…” The Prince of Darkness himself could be no more ‘convoluted’ and slithery…