Emails: Hunter Biden Cut Deals with Shady Now-Defunct ‘House of Cards’ Chinese Company
Some of the emails the New York Post obtained from Hunter Biden’s laptop last week illuminate the ties between the son of Democrat presidential candidate Joe Biden and a bankrupt Chinese energy company called CEFC China Energy.
The owner of CEFC, Ye Jianming, was among the most ambitious of Chinese tycoons before his business empire collapsed and he vanished into the Communist nation’s shadowy prison system.
Ye was once portrayed as one of China’s greatest rags-to-riches stories, a humble park ranger who began making successful oil investments in his twenties and became a billionaire before he hit 40. He was marketed as an affable businessman foreigners could feel safe making deals with, well-connected but not an obvious tool of the Chinese Communist Party (CCP).
Ye’s CEFC company made oil purchases in Europe and the Middle East that would have been politically difficult for China’s state-owned enterprises (SOE). His business partners tried not to dwell on the fact that he promptly resold his oil to those very same Chinese SOEs. The company was soon raking in billions of dollars and running rings around China’s poorly-managed national oil companies.