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Sunday, 13 October 2019

BREAKING: Hunter Biden Steps Down From Chinese-Backed Private Equity Company

Amid scrutiny and President Trump calling for China to investigate him, Hunter Biden is stepping down from the board of a Chinese-backed private equity company.

Scott Jennings appeared on CNN and commented on the news.

“The idea that this is debunked, if that were true, Hunter Biden wouldn’t be taking the steps that he’s taking this morning.”

Why didn’t he do it back in 2014 when Joe was VP?
Newsmax reports Hunter Biden is stepping down from the board of a Chinese-backed private equity company and promising to forego all foreign work if his father, former U.S. Vice President Joe Biden, is elected president in 2020.



After months of keeping a relatively low-profile as President Donald Trump leveled a barrage of unsubstantiated accusations of corruption at him, the younger Biden is publicly vowing to avoid any conflict of interest.

According to a statement released on his behalf by his lawyer George Mesires, Biden said he’ll resign at the end of the month from the management company of a private equity fund that’s backed by Chinese state-owned entities. He also pledged that he wouldn’t work for any foreign-owned companies or serve on their boards during a potential Biden administration. He reiterated that he never discussed his business activities with his father.

“Hunter always understood that his father would be guided, entirely and unequivocally, by established U.S. policy, regardless of its effects on Hunter’s professional interests,” the statement said. “He never anticipated the barrage of false charges against both him and his father by the President of the United States.”

Trump and his personal lawyer Rudy Giuliani have repeatedly claimed, without providing evidence, that Hunter Biden made millions of dollars from China while his father was vice president. They’ve also made unsubstantiated claims that Joe Biden used his position as the U.S. administration’s point person on Ukraine to help quash an investigation in 2016 into the owner of one of the country’s largest private gas companies where Hunter sat on the board.



Earlier this month, Trump publicly called on China to investigate the Bidens. A spokesman for China’s foreign ministry rejected that notion, saying it wouldn’t interfere in the internal affairs of other countries.

“Under a Biden Administration, Hunter will readily comply with any and all guidelines or standards a President Biden may issue to address purported conflicts of interest, or the appearance of such conflicts, including any restrictions related to overseas business interests,” the statement said. “He will continue to keep his father personally uninvolved in his business affairs.”

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