Trump hits Biden on cozy China ties, son’s corruption in new ad as Biden prepares acceptance speech
The Trump campaign today hit Democrat presidential candidate Joe Biden on his support for China and raised questions regarding his son’s dealings behind the Bamboo curtain in a new two-minute video on the day Biden is slated to accept the Democrat nomination.
The video, title “Joe Won’t Stand Up for Us” details controversies with China contrasted with Biden’s repeated defense of China saying “We want to see China rise.”
“The spot is part of a high seven-figure digital advertising effort to coincide with the Democratic National Convention,” reports Politico. “It focuses on a 2013 trip the Bidens took to Beijing and uses footage of Hunter Biden being pressed in a TV interview about whether his negotiations to establish a joint investment fund with a Chinese bank came up on the international flight he took with his father.”
Hunter Biden and Chris Heinz started the investment company, Bohai Harvest, within two weeks of that trip.
The company manages Chinese state investment funds, a lucrative and difficult business to navigate as Chinese government authorities in the communist nation only reward contracts on the basis of bribery or national security.
Heinz, 47, is the son of Teresa Heinz-Kerry, the wife of former Secretary of State, John Kerry.
“Bohai Harvest operates and works with a number of funds to make its various investments, a tangled business structure that has brought Hunter Biden into close proximity to influential Chinese government and business figures, according to a review of Chinese business filings by The Intercept,” says the online site.
“Bohai Harvest relies heavily on an international subsidiary of the state-owned Bank of China to finance its investments,” the Intercept added.
Hunter, 50, has denied that the business was discussed with Chinese authorities while he traveled with his father, who was then vice president.
But Hunter spent the years while his father was in the White House putting together controversial international business dealings, including deals in Ukraine, another highly-corrupt country where business dealings often involve late-night cash exchanges with government officials.
Indeed, it was Hunter’s dealings with the Ukrainian company Burisma that was at the center of impeachment proceedings against President Trump earlier this year. Burisma has long been targeted by Ukraine legal officials for corrupt practices.
Many suspect that influence-peddling was behind the $50,000 per-month pay Hunter got from the Ukrainian company, despite the fact that he has no experience in Burisma’s core gas business.
The new ad by the Trump campaign is a part of an attempt to convince Americans that a Biden administration will be “soft” on China, a worry that cuts across party lines.
Nearly 70 percent of Democrats view China negatively while 83 percent of Republicans share a negative view of China, according to recent surveys by Pew.
“The Trump campaign’s new ad more broadly portrays the former vice president as overly cozy with China, saying that ‘While China was crippling America, Joe Biden was standing up for’” China, concludes Politico.
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