Hunter Biden is stepping down from the board of a Chinese-backed private equity company and promising to forego all foreign work if his father, former U.S. Vice President Joe Biden, is elected president in 2020
-- Hunter Biden is stepping down from the board of a Chinese-backed private equity company and promising to forgo all foreign work if his father, former U.S. Vice President Joe Biden, is elected president in 2020.
Trump and his personal lawyer Rudy Giuliani have repeatedly claimed, without providing evidence, that Hunter Biden made millions of dollars from China while his father was vice president. They’ve also made unsubstantiated claims that Joe Biden used his position as the U.S. administration’s point person on Ukraine to help quash an investigation in 2016 into the owner of one of the country’s largest private gas companies where Hunter sat on the board.
Trump has alleged that Vice President Biden in 2016 threatened to withhold billions of dollars in loan guarantees unless Ukraine fired the country’s top prosecutor, Viktor Shokin, as a way to quash the probe and help his son. But U.S. and Ukrainian officials said the investigation at the time was dormant and that Shokin was fired for the opposite reason: failing to fight corruption.
Hunter Biden also sought to counter increasing Trump campaign attacks on his ties to China. He denied Trump’s repeated allegations that he procured $1.5 billion from China for a private equity fund after he flew on Air Force Two with his father in December 2013 to Beijing.
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