Many Americans have worried about Joe Biden and his family’s “buddy-buddy” relationship with China. While Biden was vice president, negotiating with the foreign power, his son landed million-dollar investments from Chinese firms.
But that seems to be just the tip of the iceberg of this family’s connection with Red China. We’ve all wondered why Biden has failed to confront China and its many abuses. Now, a new report might explain why.
From Just the News:
Five years [ago], his family cashed in on a zero-interest, forgivable loan of its own from an energy company in communist China, according to evidence in the possession of the FBI.
The loan arrangement, confirmed in documents obtained by Just the News and also new information released by Sen. Charles Grassley (R-Iowa), shows the Chinese energy firm CEFC Beijing International Energy Company Limited understood the transaction would benefit Joe Biden’s family (referred to as “BD family” in the emails), but it also was creating heartburn with its own compliance/risk management officers…
This 5 million loan to BD family is interest-free,” the email stated.
Uh… what? Apparently, the Biden family scored a $5 million loan from a Chinese energy company. The loan was being handled by Hunter Biden and Joe’s brother James Biden–two names often connected with questionable deals.
The loan was interest-free and forgivable. Meaning, the Bidens were not on the hook to pay back this large loan.
It was, essentially, a gift from a company owned and controlled by the Chinese Communist Party (by the way, all Chinese companies are controlled and owned by the Chinese government).
That would put the Bidens in an awkward situation, right? They are now indebted to the CCP over this sweetheart of a loan.
Wouldn’t that mean the family is likely to favor China, because of how good the country treated them?
Perhaps Joe Biden, as “president” wouldn’t want to be too harsh on China, even as the country threatens Taiwan, the United States, and the global economy.
Maybe this explains why Biden, when he released millions of barrels from our Strategic Reserve, sold most of them to China.
Isn’t that what people call a conflict of interest? Can Americans trust that Biden has their best interests in mind–when he owes China so much?
These are questions every American–and reporter–should be asking. Let’s see if the media bothers.
- A new report reveals the Biden family scored a $5 million loan from a Chinese company.
- The loan was interest-free and forgivable, meaning the Bidens didn’t have to pay it back.
- This might cast doubt on Biden’s dealings with China, as there could be a conflict of interest.
Source: Just the News