The other day during teleconference with Joe Biden Chinese President Xi Jinping referred to Biden as “my old friend.” it has been described as the “Vaporware Summit.”
Biden’s tête-à-tête with Xi Jinping was less constructive and more harmful than his in-person visit with Russia’s Vladimir Putin in June. At least Biden got something, however insignificant, from that earlier encounter with authoritarianism. The United States and the Russian Federation issued a brief joint statement on nuclear “strategic stability.” They established a “Strategic Stability Dialogue” that would “lay the groundwork for future arms control and risk reduction measures.” The dialogue began in September. Will it go anywhere? Probably not. But the mind-numbing diplomatic process has started. And it involves real people, meeting in real five-star hotels, in real European cities.
That’s not the case with China. The only thing Xi gave Biden was a pledge to make a pledge sometime in the future. The virtual summit was vaporware—the promise of a possible conversation that doesn’t yet exist and most likely never will. At a Brookings Institution event on November 16, National Security Adviser Jake Sullivan said the two heads of state decided to “look to begin to carry forward discussion on strategic stability.” Try saying that diplomatic tongue-twister three times fast. It’s the equivalent of a contestant on The Bachelor gushing, “I think I’m maybe beginning to fall in love with you.” I translate Sullivan’s gobbledygook this way: Xi and Biden had a conversation about having a conversation about China’s rising stockpile of nuclear warheads and the threat it poses to global security and nonproliferation. Nothing more.
Biden is more than an old friend of Xi. He works for Xi. Not long Biden said that China believes it will own the US within 15 years. Biden is doing everything he can to make it happen.
During the last year more than 100,000 people have died of drug overdoses, most of that involving fentanyl coming out of China. Biden did not even bring up the issue with Xi.
Biden refuses to broach the subject of the origins of COVID with Xi.
Biden has greenlighted China’s takeover of Taiwan. That will make the US largely dependent on China for microchips.
Extractive industry stakeholders and environmentalists are preparing for a potential Biden administration to move toward more restrictive management of federal lands as the former vice president continues to lay out prospective policies to limit potential mining sites and projects.
And that’s because he wants China to have a monopoly and the family to cash in.
In 2016, an investment firm founded by Hunter Biden with several Chinese partners was cut into a complex $3.8 billion transaction that transferred 80 percent of Congo’s Tenke Fungurum mine from an American company to Beijing-backed China Molybdenum.
President Joe Biden, Hunter Biden’s father, was the sitting vice president when the deal was struck.
The mine is one of the world’s largest sources of cobalt — and China’s control of the mineral “presents a critical vulnerability to the future of the U.S. domestic auto industry,” Biden’s White House reported in June.
Biden claims he had no knowledge of it. (wink, wink)
Joe Biden policies are and have been heavily intertwined with Hunter Biden’s activities
In 2013, Hunter flew aboard Air Force Two with his father, who was then vice-president, on an official visit to Beijing, where the younger Biden met investment banker Jonathan Li.
Hunter told the New Yorker he had just met Mr Li for “a cup of coffee”, but 12 days after the trip a private equity fund, BHR Partners, was approved by the Chinese authorities. Mr Li was chief executive and Hunter was a board member. He would hold a 10% stake.
He still holds that stake today.
Here is a timeline of the Hunter Biden/China deals.
Hunter Biden was a national security risk before his father was President:
For example, Hunter visited China five times between 2009 and 2014. Most notoriously, he traveled with his father aboard Air Force Two in December 2013 as part of an official visit with Chinese officials. Ten days after their return to Washington, Hunter and his associates partnered with the state-owned Bank of China to formally establish BHR, a new, first-of-its-kind fund aimed at making investments outside China through the newly established Shanghai Free Trade Zone.
When this deal was first revealed in Peter Schweizer’s book “Secret Empires,” Team Biden attempted to paint Hunter as a passive participant involved in the formation of BHR, arguing that “other business partners” had laid the groundwork for it in a June 2013 meeting. But the new travel records reveal that Hunter was, in fact, in Beijing in June 2013.
But the most troubling aspect of Hunter’s relationship with foreign entities isn’t simply that a politician’s family is getting wealthy. That’s all too common. It’s that his largest partner overseas appears to be the Chinese government, a brutal totalitarian regime fast emerging as America’s major 21st-century adversary. And some of their commercial deals have clear implications for national security.
Biden routinely takes a knee to both Russia and China- approving Russian pipelines while shutting them down here, tacitly approving China poisoning the US with fentanyl. Now Biden is pushing electric vehicles on the US for which China will be supplying the batteries.
Two years ago Peter Schweizer warned us about Biden bowing to China.
All for the money. China may own the US before the end of Biden’s first term. You can bet the media would simply ignore it.
Xi invested wisely.