Biden’s son resigns from Chinese firm amid Trump furore
JOE BIDEN’S son Hunter has announced he is stepping down from the board of a Chinese-backed private equity company after getting caught up in the Donald Trump impeachment row.
He also vowed to stop working for foreign-owned firms if his father is elected president in 2020.
Hunter Biden (49), who was on the board of a Ukrainian gas company that was being investigated by the authorities, has found himself dragged into the spotlight amid attempts to impeach Mr Trump. The impeachment inquiry was sparked after Mr Trump asked Ukraine’s president to look for evidence of wrongdoing by Joe Biden.
Hunter Biden announced yesterday he was leaving his role on the board of BHR (Shanghai) Equity Investment Fund Management Company, which was set up in 2013 to invest Chinese capital outside China.
George Mesires, Hunter Biden’s lawyer, said he would resign from the management company by the end of the month.
He also reiterated that his client never discussed his business activities with his father: “Hunter always understood his father would be guided, entirely and unequivocally, by established US policy, regardless of its effects on Hunter’s professional interests.
“He never anticipated the barrage of false charges against him and his father by the president of the United
States.”
Mr Trump and Rudy Giuliani, his lawyer, have repeatedly claimed, without providing evidence, that Hunter Biden made millions from China while his father was vice-president.
Scott Jennings, a former adviser to Senate leader Mitch McConnell, said he believed Hunter Biden’s decision to step down from the fund’s board was an admission that his role was improper. (© Daily Telegraph, London)
He also vowed to stop working for foreign firms if his father is elected in 2020