In a tale of international intrigue and political ties, the confluence of power and ambition takes center stage. The acquisition endeavor of Westinghouse by CEFC China Energy Co., under the aid of Hunter Biden, highlights a complex weave of connections between American political families and Chinese interests.
According to Breitbart, Hunter Biden, the son of then-Vice President Joe Biden, was apparently at the helm of an intricate operation aimed at facilitating the acquisition of Westinghouse, a renowned U.S. nuclear reactor manufacturer, by CEFC China Energy Co. in 2016.
This Chinese conglomerate, with known affiliations to the Chinese Communist Party (CCP), sought to expand its influence within the American energy sector, with Hunter Biden's proximity to the Obama White House being perceived as a strategic advantage.
Through the course of 2017, a series of financial transactions served to draw attention to this pursuit. Notably, Ye Jianming, the chairman of CEFC, provided Hunter Biden with a $1 million retainer fee for legal services. Additionally, a lavish gift - a diamond valued at approximately $80,000 - was bestowed upon Hunter in February of the same year. These gestures underscored the close relationship between Hunter Biden and high-ranking CEFC officials.
According to author Peter Schweizer, Ye Jianming harbored significant connections with Chinese intelligence, a fact that purportedly played a pivotal role in his dealings with the Biden family. Schweizer elaborated on these assertions, suggesting that Ye's ties were not merely superficial but deeply embedded within the operational strategies aimed at securing the Westinghouse deal.
"This plan would place the appearance of a layer between CEFC—a China-based company with close connections to the ruling Chinese Communist Party and a component of its national energy strategy—and the iconic U.S.-based energy company."
The unfolding scenario attracted the attention of Congressional investigators who, in November 2022, embarked on a comprehensive probe into the Biden family's overseas business dealings.
Documents and testimonies uncovered during this investigation revealed attempts not only by Hunter but also by James Biden, Joe Biden's brother, to facilitate significant deals on behalf of CEFC. In 2023, it was confirmed that James Biden sought to aid in the acquisition of a U.S. liquid natural gas facility in Louisiana for CEFC, although this particular deal ultimately did not materialize.
The revelations have raised eyebrows and prompted questions about the extent of the Biden family's involvement in foreign business transactions. Further investigation revealed that payments were made to nine additional members of the Biden family, including two of Joe Biden's grandchildren, suggesting a broader financial network than previously understood.
At the heart of this controversy was Westinghouse's financial turmoil, grappling with cost overruns and delays at a nuclear power plant project in Georgia. This instability made the company a target for acquisition, with CEFC poised to step in amid the chaos. Documents suggest that CEFC aimed to leverage Hunter Biden's connections to smooth over any potential obstacles, aiming to secure a foothold in the nuclear energy market through the acquisition.
The narrative woven through these events paints a picture of ambition, influence, and international diplomacy. Hunter Biden's attempt to aid CEFC in acquiring Westinghouse shines a light on the intricate relationships that can develop between political families and foreign interests. With financial incentives and strategic connections at play, the story unfolds against the backdrop of a global energy market in flux.
The tale of Hunter Biden's endeavors with CEFC China Energy Co. encapsulates a multifaceted saga of political legacies intertwined with Chinese ambitions. Investigative efforts have unearthed a web of financial transactions linking the Biden family to CEFC's ambitions, unraveling a narrative that sits at the intersection of international business and political influence. As the investigation continues, the depth of these connections and their implications for both American politics and global energy dynamics remain central questions.
