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- Hunter Biden is still in the process of divesting his 10 per cent share in a Chinese investment firm
- A Delaware LLC Hunter Biden controls owns 10 per cent of Bohai Harvest RST
- The Bank of China, a state-owned entity, as well as other Chinese government financial firms funded BHR
- President-elect Joe Biden again pledged in early December that Hunter Biden would have no business dealings that could present a conflict of interest
Hunter Biden, President Joe Biden’s son, still maintains a 10 per cent holding in a Chinese investment firm despite pledging to divest himself of the funds before his father’s January inauguration.
Hunter Biden had said he would offload his stake in Bohai Harvest RST (Shanghai) Equity Investment Fund Management Co.
White House Press Secretary Jen Psaki confirmed the pledge during a press briefing Friday and said that Hunter was ‘working to unwind his investments.’
