President Joe Biden’s son Hunter Biden continues to own a stake in a Chinese company, undermining a promise the president made on the campaign trail. The younger Biden, who did a number of business deals while his father was vice president, including in China, owns a 10 percent stake in a Chinese firm called the Bohai Harvest RST Equity Investment Fund Management Co., according to business records available online.
The Daily Caller News Foundation first reported on Hunter Biden’s holding.
President Biden while a candidate for office promised Americans that no member of his family would “will have an office in the White House, will sit in on meetings as if they are a cabinet member, will, in fact, have any business relationship with anyone that relates to a foreign corporation or a foreign country.”
The president entered office in January.