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Chinagate: Is Biden Campaign’s Slogan ‘Make China Great Again’?

Published: October 20, 2020
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While Russian interference in the US elections is accepted at face value without a shred of evidence, not much attention is being paid to generous financing of the Biden campaign by China’s nouveau riche oligarchs, according to multiple credible reports cited later in the article.
 
During the last decade, all the manufacturing has outsourced to China, Chinese entrepreneurs are stealing American jobs and the American working classes are finding it hard to make ends meet, yet neoliberal Democrats are dogmatically sticking with market fundamentalist approach of globalization and free trade.
 
Without mincing words, the Johnson-Grassley report, released last month, revealed. “The Suspicious Activity Reports of the Treasury Department flagged millions of dollars in transactions from the Ukrainian gas company Burisma Holdings, a Russian oligarch named Yelena Baturina, and a Chinese businessmen with ties to Beijing's communist government.”
 
The Senate report further alleged: “Hunter Biden had business associations with Ye Jianming, Gongwen, and other Chinese nationals linked to the communist government and the People's Liberation Army. Those associations resulted in millions of dollars in cash flow.”
 
Corroborating the Senate investigation, Emma-Jo Morris and Gabrielle Fonrouge noted in the explosive New York Post report [1] last week: “Another email — sent by Biden as part of an Aug. 2, 2017, chain — involved a deal he struck with the since-vanished chairman of CEFC, Ye Jianming, for half-ownership of a holding company that was expected to provide Biden with more than $10 million a year ‘for introductions alone.’
 
“’The chairman changed that deal after we met in MIAMI TO A MUCH MORE LASTING AND LUCRATIVE ARRANGEMENT to create a holding company 50% owned by ME and 50% owned by him,’ Biden wrote.
 
“A photo dated Aug. 1, 2017, shows a handwritten flowchart of the ownership of ‘Hudson West’ split 50/50 between two entities ultimately controlled by Hunter Biden and someone identified as ‘Chairman.’
 
“According to a report on Biden’s overseas business dealings released last month by Sens. Ron Johnson (R-Wis.) and Chuck Grassley (R-Iowa), a company called Hudson West III opened a line of credit in September 2017.
 
“Biden’s email was sent to Gongwen Dong, whom the Wall Street Journal in October 2018 tied to the purchase by Ye-linked companies of two luxury Manhattan apartments that cost a total on $83 million.
 
“The documents obtained by The Post also include an ‘Attorney Engagement Letter’ executed in September 2017 in which one of Ye’s top lieutenants, former Hong Kong government official Chi Ping Patrick Ho, agreed to pay Biden a $1 million retainer for ‘Counsel to matters related to US law and advice pertaining to the hiring and legal analysis of any US Law Firm or Lawyer.’
 
“In December 2018, a Manhattan federal jury convicted Ho in two schemes to pay $3 million in bribes to high-ranking government officials in Africa for oil rights in Chad and lucrative business deals in Uganda. Ho served a three-year prison sentence and was deported to Hong Kong in June.”
 
Ye Jianming didn’t simply have business relations with Hunter Biden, such as joint ownership of companies like Hudson West III, but he also bestowed generous favors on the entire Biden family, including the former vice president, and other prominent members of the former Obama-Biden administration.
 
According to a Washington Post report [2] last month: “Ye Jianming had made inroads with Joe Biden’s brother James Biden, as well as Hunter Biden, as the Chinese tycoon sought to build influence in the United States. In early 2018, Hunter Biden was paid $1 million to represent Ye’s aide while he was facing the federal bribery charges in the United States.
 
“In August 2017, a subsidiary of Ye’s company wired $5 million into the bank account of a US company called Hudson West III, which over the next 13 months sent $4.79 million marked as consulting fees to Hunter Biden’s firm, the report said. Over the same period, Hunter Biden’s firm wired some $1.4 million to a firm associated with his uncle and aunt, James and Sara Biden.”
 
Ironically, it was the mainstream media that first broke the story of the illicit financial transactions between the Biden family and Chinese billionaire Ye Jianming in December 2018, though that was an year before Joe Biden was chosen as the Democratic presidential candidate in April.
 
Giving a detailed biographical account of Ye Jianming from his rapid ascent to sudden fall from grace in 2017, as the FBI closed in on the Chinese billionaire’s company and aides, a December 2018 New York Times report [3] revealed: “Ye Jianming, a fast-rising Chinese oil tycoon, ventured to places only the most politically connected Chinese companies dared to go. But what he wanted was access to the corridors of power in Washington — and he set out to get it.
 
“Soon, he was meeting with the family of Joseph R. Biden Jr., who was then the vice president. He dined with R. James Woolsey Jr., a former Central Intelligence Agency director and later a senior adviser to President Trump. He bestowed lavish funding on universities and think tanks with direct access to top Washington leaders, looking for the benefits access can bring.
 
“‘This is a guy who courted and maintained networks with the People’s Liberation Army and took the strategy of ‘friends in high places,’ said Jude Blanchette, a senior adviser and China head at Crumpton Group, a business intelligence firm.
 
“He seemed to have the blessings of Beijing. State banks offered CEFC billions of dollars in loans. The company also hired a large number of former military officers, whom Mr. Ye told visitors he prized for their organizational skills. He was deputy secretary of a Chinese military organization from 2003 to 2005 that congressional researchers called a front for the People’s Liberation Army unit that has ‘dual roles of intelligence collection and conducting People’s Republic of China propaganda.’
 
“From 2009 to 2017, CEFC’s revenue jumped from $48 million to $37 billion. [a time period incidentally coinciding with Joe Biden’s vice presidency.]
 
“‘It’s been clear for some time that this is not just a Chinese commercial company, that they had some intelligence ties,’ Mr. Martin Hala, an academic based in Prague, said. ‘People from the U.S. intelligence agencies should have known something was going on.’
 
“Five years ago, CEFC approached Bobby Ray Inman, a retired admiral and national security adviser to President Jimmy Carter, about setting up a joint venture, Mr. Inman said in an interview. The company promised it would pay him $1 million a year, without specifying what business they would go into. He turned down the offer.
 
“On a 2015 trip to the United States Ye met with Alan Greenspan, the former Federal Reserve chairman, to discuss the economy, according to CEFC.
 
“CEFC also donated at least $350,000 to the Institute for the Analysis of Global Security, a politically connected think tank, according to court testimony. The think tank counts Robert C. McFarlane, the Reagan-era national security adviser, as its president and Mr. Woolsey, a Clinton-era C.I.A. director, as its co-chairman.
 
“Mr. Ye also further loosened CEFC’s purse strings, donating as much as $100,000 to the Clinton Foundation. Outside the Beltway, a CEFC foundation donated at least $500,000 to a Columbia University research center.
 
“CEFC also organized forums in Hong Kong and Washington that brought together retired American and Chinese military officers, among other events.
 
“By 2015, Mr. Ye had begun working on perhaps his most politically connected quarry yet: the family of Mr. Biden, the vice president.
 
“An aide to Mr. Ye met the vice president’s second son, Hunter Biden, in Washington. Mr. Ye then met privately with Hunter Biden at a hotel in Miami in May 2017. Mr. Ye proposed a partnership to invest in American infrastructure and energy deals.
 
“During this period, the vice president’s son was managing Rosemont Seneca Partners, an investment firm he formed with Chris Heinz, the stepson of John Kerry, the former secretary of state.
 
“The trial and conviction in New York in December 2018 of one of Ye’s top lieutenants, Patrick Ho, showed that CEFC officials used bribery to win oil and energy contracts in Africa.
 
“In 2017, as American authorities closed in on Mr. Ye’s company, the first call made by one of his emissaries in custody was to Mr. Joe Biden’s brother.
 
“James Biden, a financier and brother of the former vice president, was in a hotel lobby in November 2017 when he got a surprise call on his cellphone. The call was from Patrick Ho, Mr. Ye’s lieutenant. Mr. Ho, 69, was in trouble.
 
“In a brief interview, James Biden said he had been surprised by Mr. Ho’s call. He said he believed it had been meant for Hunter Biden, the former vice president’s son. James Biden said he had passed on his nephew’s contact information.
 
“‘There is nothing else I have to say,’ James Biden said. ‘I don’t want to be dragged into this anymore.’
 
“Federal agents who had monitored CEFC’s rise since at least the summer of 2016 had sprung into action, arresting Mr. Ho in New York on allegations that he had bribed African officials in Chad and Uganda.
 
“Mr. Ye, meanwhile, has disappeared into the custody of the Chinese authorities. He was last seen in February, 2018, when his private jet touched down in the Chinese city of Hangzhou. CEFC is struggling under $15 billion in debt, and was dissolved early this year.”
 
After reading all this revelatory information regarding suspicious financial transactions between prominent former officials of the Obama-Biden administration and the “disappeared” Chinese billionaire, it becomes abundantly clear that Ye Jianming, most likely a pseudonym, was a frontman for the Chinese government who was sent on a clandestine mission to nurture business relations with the political elites of the US, and later made to disappear after his cover was blown once his aides were charged with criminal offenses in the US courts.
 
China is known to follow the economic model of “state capitalism,” in which although small and medium enterprises are permitted to operate freely by common citizens, large industrial and extraction companies, especially a multi-billion dollar corporation the size of CEFC, are run by the Communist Party stalwarts masquerading as business executives.
 
In addition, China is alleged to practice “debt-trap diplomacy” for buying entire governments through extending financial grants and loans, and what better way to buy the rival government of the United States than by financing the Biden campaign through bestowing financial largesse on the Biden family and former officials of the Obama-Biden administration.
 
In an exclusive report [4] for the Breitbart New on October 16, Peter Schweizer and Seamus Bruner allege that newly obtained emails from a former business associate of Hunter Biden's inner-circle reveal that Hunter and his colleagues used their access to the Obama-Biden administration to peddle influence to potential Chinese clients and investors—including securing a private, off-the-books meeting with the former vice president.
 
The never-before-revealed emails, unconnected to the Hunter Biden emails being released by the New York Post, were provided to Schweizer by Bevan Cooney, a one-time Hunter Biden and Devon Archer business associate. Cooney is currently in prison serving a sentence for his involvement in a 2016 bond fraud investment scheme.
 
Cooney believes he was the "fall guy" for an investment scheme in which Hunter and business associate Devon Archer avoided responsibility. He reached out to Schweizer after the journalist published a book “Secret Empires” in 2018. Archer was initially spared jail and handed a second trial, however, a federal appeals court reinstated Archer's fraud conviction in the case last week.
 
The report notes: “On November 5, 2011, one of Archer’s business contacts forwarded him an email teasing an opportunity to gain ‘potentially outstanding new clients’ by helping to arrange White House meetings for a group of Chinese executives and government officials.
 
“The group was the China Entrepreneur Club (CEC) and the delegation included Chinese billionaires, Chinese Communist Party loyalists, and at least one ‘respected diplomat’ from Beijing. Despite its benign name, CEC has been called ‘a second foreign ministry’ for the People’s Republic of China—a communist government that closely controls most businesses in its country. CEC was established in 2006 by a group of businessmen and Chinese government diplomats.
 
“CEC’s leadership boasts numerous senior members of the Chinese Communist Party, including Wang Zhongyu (vice chairman of the 10th CPPCC National Committee and deputy secretary of the Party group), Ma Weihua (director of multiple Chinese Communist Party offices), and Jiang Xipei (member of the Chinese Communist Party and representative of the 16th National Congress), among others.
 
“‘I know it is political season and people are hesitant but a group like this does not come along every day,’ an intermediary named Mohamed A. Khashoggi wrote on behalf of the CEC to an associate of Hunter Biden and Devon Archer. ‘A tour of the white house and a meeting with a member of the chief of staff’s office and John Kerry would be great.’
 
“The email boasted of CEC’s wealthy membership: CEC’s current membership includes 50 preeminent figures such as: Liu Chuanzhi, Chairman of the CEC, Legend Holdings and Lenovo Group; Wu Jinglian, Zhang Weiying, and Zhou Qiren, China’s esteemed economists; Wu Jianmin, respected diplomat; Long Yongtu, representative of China’s globalization; Wang Shi (Vanke); Ma Weihua (China Merchants Bank); Jack Ma (Alibaba Group); Guo Guangchang (Fosun Group); Wang Jianlin, (Wanda Group); Niu Gensheng (LAONIU Foundation); Li Shufu (Geely); Li Dongsheng (TCL Corporation); Feng Lun (Vantone) and etc.
 
“The gross income of the CEC members’ companies allegedly ‘totaled more than RMB 1.5 trillion, together accounting for roughly 4% of China’s GDP.’ The overture to Hunter Biden’s associates described the Chinese CEC members variously as
‘industrial elites,’ ‘highly influential,’ and among ‘the most important private sector individuals in China today,’ dubbed as the China Inc.
 
“Hunter Biden and Devon Archer apparently delivered for the Chinese Communist Party-connected industrial elites within ten days … The Obama-Biden administration archives reveal that this Chinese delegation did indeed visit the White House on November 14, 2011, and enjoyed high-level access.
 
“The visitor logs list Jeff Zients, the deputy director of Obama’s Office of Management and Budget (OMB), as the host of the CEC delegation. Obama had tasked Zients with restructuring and ultimately consolidating the various export-import agencies under the Commerce Department—an effort in which the Chinese delegation would have a keen interest.
 
“Curiously, the Obama-Biden visitor logs do not mention any meeting with Vice President Joe Biden. But the Vice President’s off-the-books meeting was revealed by one of the core founders of the CEC. In an obscure document listing the CEC members’ biographies, CEC Secretary General Maggie Cheng alleges that she facilitated the CEC delegation meetings in Washington in 2011 and boasts of the Washington establishment figures that CEC met with. The first name she dropped was that of Vice President Joe Biden.”
 
Schweizer suggests that the meeting may have opened the door for Hunter and Devon Archer down the road—as just two years later they formed the Chinese government-funded Bohai Harvest RST (BHR) investment fund which saw Chinese money pour into it for investments in CEC-linked businesses.
 
According to the report, "One of BHR’s first major portfolio investments was a ride-sharing company like Uber called Didi Dache—now called Didi Chuxing Technology Co. That company is closely connected to Liu Chuanzhi, the chairman of the China Entrepreneur Club (CEC) and the founder of Legend Holdings—the parent company of Lenovo, one of the world’s largest computer companies. Liu is a former Chinese Communist Party delegate and was a leader of the 2011 CEC delegation to the White House. His daughter was the President of Didi."
 
The report adds: "Liu has long been involved in CCP politics, including serving as a representative to the 9th, 10th, and 11th sessions of the National People’s Congress of the PRC and as a representative to the 16th and 17th National Congress of the Chinese Communist Party. Liu was the Vice Chairman of the 8th and 9th Executive Committee of All-China Federation of Industry and Commerce (ACFIC), an organization known to be affiliated with the Chinese United Front."
 
After reading the names of these high-profile Chinese business and political elites visiting the White House and cultivating personal friendships and business relationships in the highest echelons of the Obama-Biden administration, one wonders whether the latter formulated trade and economic policies serving the interests of the American masses or took care of financial stakes of global power elites.
 
With his anti-globalist and protectionist agenda, Trump represents a paradigm shift in the global economic order. Trump withdrawing the United States from multilateral treaties, restructuring trade agreements, bringing investments and employments back to the US and initiating a trade war against China are a revolution against globalization and free trade of which China is the new beneficiary with its strong manufacturing base and massive export potential.
 
Though the “alt-right agenda” of the Trump presidency has been scuttled by the political establishment and the deep state, Trump’s views regarding global politics and economics are starkly different from the establishment Democrats and Republicans pursuing neocolonial world order masqueraded as globalization and free trade.
  
Besides the Trump supporters in the United States, the far-right populist leaders in Europe are also exploiting popular resentment against free trade and globalization. The Brexiteers in the United Kingdom, the Yellow Vest protesters in France and the far-right movements in Germany and across Europe are a manifestation of a paradigm shift in the global economic order in which nationalist and protectionist slogans have replaced the free trade and globalization mantra of the nineties.
 
Thus, it’s only natural for the Chinese government to try to oust Trump from the presidency with all available means, including providing financial support to his neoliberal Democratic rivals, favoring globalization and free trade, in the upcoming US presidential elections slated for November 3.
 
Citations:
 
[1] Emails reveal how Hunter Biden tried to cash in big on behalf of family with Chinese firm:
https://nypost.com/2020/10/15/emails-reveal-how-hunter-biden-tried-to-cash-in-big-with-chinese-firm/
 
[2] GOP senators’ report calls Hunter Biden’s board position with Ukraine firm ‘problematic’:
https://www.washingtonpost.com/national-security/senate-gop-report-calls-hunter-bidens-board-position-problematic-but-offers-few-specific-examples-it-changed-obama-administration-policy/2020/09/23/4b66d41e-fd44-11ea-9ceb-061d646d9c67_story.html
 
[3] Ye Jianming, Chinese oil tycoon, had business relations with James and Hunter Biden:
https://www.nytimes.com/2018/12/12/business/cefc-biden-china-washington-ye-jianming.html
 
[4] Emails Reveal Hunter Biden’s Associates Helped Communist-Aligned Chinese Elites Secure White House Meetings:
https://www.breitbart.com/politics/2020/10/16/exclusive-this-is-china-inc-emails-reveal-hunter-bidens-associates-helped-communist-aligned-chinese-elites-secure-white-house-meetings/
 
About the author:
Nauman Sadiq is an Islamabad-based attorney, columnist and geopolitical analyst focused on the politics of Af-Pak and Middle East regions, neocolonialism and petro-imperialism.

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