I had really not wanted to do this but roughly 2 months ago I was handed a report about Biden activities in China the press has simply refused to cover. I want to strongly emphasize I did not write the report but I know who did. Key points are this: baldingsworld.com/2020/10/22/rep…
Hunter Biden is partnered with the Chinese state. Entire investment partnership is Chinese state money from social security fund to China Development Bank. It is actually a subsidiary of the Bank of China. This is not remotely anything less than a Chinese state funded play 2/n
Though the entire size of the fund cannot be reconstructed, the Taiwanese cofounder who is now detained in China, reports it to be NOT $1-1.5 billion but $6.5 billion. This would make Hunters stake worth at a minimum at least $50 million if he was to sell it. 3/n
Disturbingly, everyone on the Chinese side are clearly linked with influence and intelligence organizations. China uses very innocuous sounding organization names to hide PLA, United Front, or Ministry of Foreign Affairs influence/intelligence operations. This report cannot 4/n
say Hunter was the target of such an operation or that China even targeted him. However, based upon the clear pattern of individuals and organizations surrounding him it is an entirely reasonable conclusion. 5/n
Finally, the believed Godfather in arranging everything is a gentleman named Yang Jiechi. He is currently the CCP Director of Foreign Affairs leading strategist for America, Politburo member one of the most powerful men in China, and Xi confidant. Why does this matter? 6/n
He met regularly with Joe Biden during his stint as Chinese ambassador the US when Biden chaired the Senate Foreign Relations Committee. Later he was Minister of Foreign Affairs when the investment partnership was made official in 2013. Importantly, the Taiwanese national 7/n
Listed MOFA institutions as the key clients in helping to arrange everything. Yang would clearly have known the importance of Hunter Biden and undoubtedly would have been informed of any dealings. Given that he is now the point person in China for dealing with the US this 8/n
Raises major concerns about a Biden administration dealing impartially with an individual in this capacity. These are documented facts from Chinese corporate records like IPO prospectuses and media. They raise very valid concerns about Biden linkages to China. Done
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This is a good question and they're are two ways to approach this. First, we actually have pretty good hard data. In reality, Trump overseas business interests are pretty minimal. His business model for the most part is brand licensing which may or may not be a good thing 1/n
Going forward. From the information we have his income from foreign sources is actually relatively minimal and predates his time as President. Philippines, UAE, India others. Specifically in China, it's not large and he holds no assets I'm aware of. If I'm wrong let me know 3/n
Biden holds a 10% stake in a $6.5b fund turning out $130m a year in fee revenue. That one comparison makes Biden significantly more leveraged in China than Trump. Second, if we turn to potential embarrassing info that China might have on either very difficult to say 4/n
This fine report falls victim to one of the most common problems of reports from DC think tanks. Let me start by saying, the recommendations are clear, reasonable, and understandable. Where it fails, like many similar reports, is its lack of realism 1/n cnas.org/publications/r…
Just to take one example from the report, point #2 says "Aim for Coordinated, if Not Common, Policies" with Europe with regards to China. This is a perfectly reasonable and valid position if we are not focused on the reality we must grapple with. So in a way 2/n
I am not critiquing the position at all on the other hand I am saying it is entirely unrealistic. It is only maybe since the beginning of 2020 that Europe has started to take China seriously despite Trump administration efforts across a range of policy domains. Additionally 3/n
I had a non- American non Trump friend message me with this graphic a few days ago. They asked: why does everyone think this is a Biden landslide? Just on polling, this looks almost identical to 2016 leaving aside all those complications.
They are totally right. 1/n
It is easy to conceive of scenarios Biden and Trump both approach 400 EC votes and just as easy to see scenarios it comes down to one state like 2000. I think there are factors that are not being considered but for many reasons they all could mean something or nothing. 2/n
Add in the 2020 complications and real data outliers, advisable to significantly expand variance expectations. Think I'm wrong? Each party is behaving like I'm right. The Biden campaign doesn't enlist Obama, one of their two real campaign planks (other is he is not Trump) 3/n
China academic Twitter: I have some China data I would like to put in the right hands. If you are interested, reply under here with some interests or expertise in the replies
When you say it out loud, it sounds completely absurd. However, that is the goal and that is what is slowly happening. Proof is being provided the reality of what China is doing is being revealed. Whether it is universities accepting laundered corrupt proceed funds, 2/n
China monitoring foreigners by the million, or all kinds of other things people don't believe until you confront them with the evidence the tide is turning on China globally though we have a long way to go. Lots of great people from the halls of power are turning this into 3/n
One of the unique aspects of doing work on China is how ready everyone is to claim the "China exclusion". Let me give you two examples. People will argue it is nationalist, racist, and all kinds of other -isms to say Chinese companies should be blocked from listing in 1/n
In the United States. The plain fact of the matter is that Chinese companies with help from China are absolutely refusing to follow black letter law about securities offering requirements. People arguing that we should allow Chinese companies to list are literally arguing 2/n
We should ignore US securities law almost exclusively for Chinese companies. The "China exclusion". Let me give you another example. Universities and political science professors will talk at length about foreign interference and disinformation and rightfully so. 3/n