Chinese Bank Voluntarily Turns Over Hunter’s Bank Records in Sign That China Owns Joe Biden

China fired a warning shot at President Biden when a Chinese-American bank supplied Senate Republicans with records showing millions of dollars flowing from Chinese companies to Mr. Biden’s son Hunter Biden and brother James Biden, said a lawmaker spearheading an investigation of the first family.

Cathay Bank, which is based in Los Angeles but has offices in China, voluntarily turned over bank records requested by Sens. Ron Johnson of Wisconsin and Charles E. Grassley of Iowa. Every other American bank denied the two Republicans’ requests for financial records.

“In my mind, it’s the Chinese government telling Joe Biden, ‘We got the goods on you, buddy, and we’re willing to dish it up,’” Mr. Johnson told The Washington Times. . .

The records the bank handed over showed deep financial ties between the president’s son and brother and the now-defunct CEFC China Energy, which had ties to the Chinese Communist Party. The energy giant wired $1 million to Hudson West III, a joint venture owned by Hunter Biden and Gongwen Dong, a business associate of CEFC’s founder and chairman, Ye Jianming.

A second Chinese energy company, Northern International Capital Holdings, which is associated with the communist-backed CEFC, wired $5 million to Hudson West III, the Cathay Bank records show. The money sent from the two companies funded a $4.8 million wire transfer from Hudson West III to Hunter Biden’s companies Owasco P.C. and Owasco LLC, and Lion Hall Group, owned by the president’s brother James Biden. (Read more from “Chinese Bank Voluntarily Turns Over Hunter’s Bank Records in Sign That China Owns Joe Biden” HERE)

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