So since I have had a couple people send this to me. Let me respond. Couple of things very important to note. First, I wrote a very small part of this report. I stand by the report because I went over it with a fine tooth comb and have known the 1/n
nbcnews.com/tech/security/…
The primary author for nearly a decade. The primary author faces personal and professional risk for outing themselves and I am going to respect that. Too all China focused journalists: there is a not insignificant chance you have dealt with this person. To hear journalists 2/n
Who use anonymous sources all the time was morally superior is disgusting. Second, no one has written about the contents of the paper or found factual fault with anything in the report. That reveals the readers bias not a problem with the report. If there is a factual error 3/n
Please raise it to me, I will take it to the author and a decision will be made. Third, the reason for numerous versions is because major outlets simply refuse to do any investigative work on Biden in China. First hand information that there will be no investigative stories 4/n
On Biden in China. The problems are clearly documented through corporate records, IPO prospectuses. China focused investigative reporters have their marching orders to know nothing and that's their business but these are not conspiracy theories. These are documented facts 5/n
Finally, I disclosed information to NBC reporters and stated very clearly orally and in the follow up emails this is OFF the RECORD. They chose to print key information that I can document was off the record. The key part was that Apple Daily paid for background research 6/n
I apologize to Apple Daily and Jimmy Lai the information was disclosed in this manner though I doubt they mind this coming to light as it is well known they have been investigating these issues. I should note that Apple Daily has filed FOIA requests to gain additional 7/n
Information on Hunter Biden trips that should disclose information on parties he met with on his multiple trips to Beijing to provide information beyond just travel dates. Let me strongly emphasize that if any one reads the report, it will be perfectly obvious this is not 8/n
A conspiracy theory document but a clear documented record of Hunter Biden activities, the fund, and the individuals he came in contact with. Let me give you a clear simple break down of key facts since almost no one is actually reading the report. 9/n
1. According to the co-founder Michael Lin the now manages $6.5 billion and would according to industry standard generate $130 million annually in fees with likely an additional minimum $300 million in capital gains disbursement if liquidated. This would make 10/n
Hunter Biden's share worth at least $50 million as a conservative estimate. 2. The deals that were done were deeply problematic on multiple levels. For instance, the Biden investment firm is actually a Bank of China subsidiary. Investors are actual branches of the Chinese 11/n
Government through to Chinese SOEs. The outward investment deals are primarily into state back projects and are structured in a way that serve no purpose other than to funnel funds to the Biden investment firm. 3. Chinese institutions and individuals are known 12/n
intelligence and influence assets. We cannot of course say for certain that this is a Chinese influence operation and Hunter is unlikely to be an intelligence asset but given he is surrounded by these individuals raises enormous questions at a bare minimum. 13/n
Finally, I have never had any contact with anyone about emails, laptops, sex tapes etc. Period. I see those things in the news like everyone else. What is important is this documented cited report corroborates what is coming out else where. If someone told me they could 14/n
Hand me Hunter's laptop I probably would have told them what they are finding is what I would expect to find based upon all the documentation we have about knowing what he did. In a way, none of it is a surprise. 15/n
If you want to label this report a conspiracy theory without reading then that is your business. These are documented facts from IPO prospectuses about how finances flow. It comes from M&A take over filings. Boring documented stuff like that. I don't control who picks it up. 16/n
I fully stand by this report and its contents. If there are factual errors uncovered, I am more than happy to take anything brought to me back to the author and have it reviewed. Otherwise the personal attacks are ignored because the work stands on its own.

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More from @BaldingsWorld

22 Oct
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
Read 4 tweets
22 Oct
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
Read 9 tweets
20 Oct
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
Read 7 tweets
18 Oct
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
Read 4 tweets
7 Oct
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
Read 4 tweets
6 Oct
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
Read 6 tweets

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