{"id":1548489,"date":"2022-07-11T10:34:11","date_gmt":"2022-07-11T14:34:11","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1548489"},"modified":"2022-07-11T12:04:15","modified_gmt":"2022-07-11T16:04:15","slug":"biden-family-sought-to-make-money-by-giving-china-preferential-access-to-us-energy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-family-sought-to-make-money-by-giving-china-preferential-access-to-us-energy\/","title":{"rendered":"Biden Family Sought To Make Money By Giving China \u2018Preferential Access\u2019 To US Energy"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbiden-family-sought-to-make-money-by-giving-china-preferential-access-to-us-energy%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1548489&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Relatives of <a href=\"https:\/\/www.dailywire.com\/topic\/joe-biden\">President Joe Biden<\/a> worked to give <a href=\"https:\/\/www.dailywire.com\/topic\/china\">China<\/a> \u201cpreferential access\u201d to American gas following a Chinese energy magnate\u2019s pledge to lend millions of dollars to the Biden \u201cfamily,\u201d materials on <a href=\"https:\/\/www.dailywire.com\/topic\/hunter-biden\">Hunter Biden<\/a>\u2019s laptop reviewed by The Daily Wire show.<\/p>\n<p>The shocking bid to transfer American liquid natural gas (LNG) to an adversarial communist nation came in 2017, when Hunter and James Biden \u2014 the now-president\u2019s son and brother \u2014 and their business partners sought to help build an LNG facility in Louisiana called Monkey Island using Chinese materials, then sell the gas to China. In May of that year, Hunter Biden met with <a href=\"https:\/\/www.dailywire.com\/news\/death-row-or-wanted-for-murder-the-cursed-lives-of-hunter-bidens-associates\">Ye Jianming<\/a>, the founder of corrupt Chinese energy giant CEFC Energy, who gave Hunter Biden a large diamond, the <a href=\"https:\/\/www.nytimes.com\/2018\/12\/12\/business\/cefc-biden-china-washington-ye-jianming.html\">New York Times<\/a> reported in 2018.<\/p>\n<p>A document sent to Hunter Biden by JiaQi Bao, who advised the future president\u2019s son on energy deals, said the cooperation set up to run Monkey Island wanted a Biden-linked firm called Hudson West to invest between $350 million and $1.5 billion in the project, but that onerous U.S. government review process made the investment less attractive.<\/p>\n<p>Monkey Island CEO Greg Michaels told the Biden group that \u201cas an owner in MILNG, Hudson West will have preferential access to all LNG prior to other customers.\u201d That arrangement would have allowed the investors to sell Monkey Island\u2019s gas to China in large quantities.<\/p>\n<p>Michaels also sent Hunter and James Biden \u201ctalking points\u201d that said that the facility\u2019s equipment would be built in China, then assembled on-site, which would \u201cput billions of dollars into the Chinese economy and support thousands of construction and procurement jobs for Chinese workers.\u201d<\/p>\n<p>In October 2017, Bao told Hunter Biden he was now in a position to steer American liquid natural gas from other projects to Ye\u2019s company.<\/p>\n<p>\u201cThrough you and Uncle Jim\u2019s connection, with Monkey Island\/Magnolia\/Project ABC as a starting point\/talking point, we can check out a lot of all other interesting Louisana\/Taxes\/Gulf of Mexico U. S. projects,\u201d Bay wrote to Hunter Biden. \u201cYou are the best person to help your friend Ye to do that, because you know a lot of folks in the area and you have the access to decision-makers.\u201d<\/p>\n<p>Another proposed joint venture called Sinohawk would bring together CEFC with Hunter and Jim Biden and three other partners. It was the project in which a \u201cprovisional agreement\u201d said that 10% of the equity would be \u201cheld by H for the big guy?\u201d One of the partners, <a href=\"https:\/\/www.dailywire.com\/news\/hunter-biden-business-partner-a-pro-democrat-navy-veteran-hunter-asked-dad-to-sign-off-on-deals\">Tony Bobulinski<\/a>, said that was a reference to Joe Biden. In a proposal for Sinohawk to the Chinese, the group boasted that Jim Biden \u201cremains a personal advisor to his brother.\u201d<\/p>\n<p>The Chinese side was generous to what it called the Biden \u201cfamily.\u201d In July 2017, a CEFC official <a href=\"https:\/\/int.nyt.com\/data\/documenttools\/2018-10-12-14\/774c89ef75794566\/full.pdf\">wrote<\/a> that \u201cChairman Ye and Director Zang fully support the framework of establishing the JV [joint venture], based on their trust on BD family.\u201d It said a wire of $10 million had been delayed by details including: \u201c$5 million is lent to BD family in the 10 million charter capital. \u2026 But if the 5 M is used up, should CEFC keep lending more to the family?\u201d<\/p>\n<p>In August, CEFC wired $5 million to a Hudson West III bank account, which was later transferred to Hunter\u2019s firm, and some from there to a firm controlled by James Biden and his wife Sara. A bank asked Sara Biden about the transactions, and she refused to provide any supporting documentation, leading the bank to close the account, according to a <a href=\"https:\/\/www.hsgac.senate.gov\/imo\/media\/doc\/HSGAC_Finance_Report_FINAL.pdf\">Senate report<\/a>.<\/p>\n<p>In September, a credit line under the name Hudson West III was established by a Chinese man named Gongwen Dong \u2014 who Hunter Biden called \u201cChairman Ye CEFC emissary\u201d \u2014 and Hunter Biden, and credit cards linked to the line of credit were sent to Hunter, James, and Sara, which were used for personal expenses, according to the Senate report.<\/p>\n<p>On November 8, 2017, Hunter drafted a letter to a Chinese CEFC partner that said, \u201cThis framework would fill the short term needs of CEFC by providing off take contracts for large quantities of LNG at very competitive rates while also advancing the long term goals of CEFC through a partnership or acquisition of a promising LNG terminal project in Louisiana.\u201d<\/p>\n<p>The same month, Hudson West produced presentations advertising America\u2019s gas reserves to a Chinese audience.<\/p>\n<p>The deal fell apart only because key figures were arrested. On November 18, 2017, CEFC official Patrick Ho was <a href=\"https:\/\/www.cnn.com\/2018\/12\/05\/asia\/patrick-ho-bribery-conviction-intl\/index.html\">arrested<\/a> in New York on corruption charges involving seeking to bribe African leaders. The first call he placed was to Jim Biden, <a href=\"https:\/\/news.yahoo.com\/china-wants-new-world-order-u-n-china-linked-ngos-secretly-paid-cash-promote-beijings-vision-145746181.html\">reported<\/a> Yahoo! News. Hudson West III later paid $1 million to Hunter\u2019s law firm, purportedly for Hunter serving as Ho\u2019s lawyer, as <a href=\"https:\/\/www.washingtontimes.com\/news\/2022\/mar\/29\/gop-senators-explore-chinese-companys-1-million-pa\/\">reported<\/a> by The Washington Times.<\/p>\n<p>Soon after Ho\u2019s arrest, CEFC top executive Ye was imprisoned by China, leading Hunter Biden to lament, \u201cMy<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Multiple relatives of Joe Biden worked to give a Chinese firm \u201cpreferential access\u201d to American gas following a Chinese firm pledging to lend millions of dollars to the Biden \u201cfamily,\u201d materials on Hunter Biden\u2019s laptop reviewed by The Daily Wire show.<\/p>\n","protected":false},"author":128,"featured_media":1898541,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"Biden Family Sought To Make Money By Giving China \u2018Preferential Access\u2019 To US Energy","footnotes":""},"categories":[],"tags":[],"class_list":["post-1548489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"Biden Family Sought To Make Money By Giving China \u2018Preferential Access\u2019 To US Energy","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1548489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/128"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1548489"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1548489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1898541"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1548489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1548489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1548489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}