Breitbart News senior contributor Peter Schweizer told Fox Business News’ Maria Bartiromo that Hunter Biden, his family, and his partners were helping China acquire American businesses for their country.
Schweizer says that is the big untold story in all of this, including companies that manufacture products with a military application.
“Let me ask you about [Committee on Foreign Investment in the United States] and the approval that a foreigner needs in order to do an acquisition in the United States. That’s one of the things that you’ve reported on that these Chinese companies needed, right? They wanted the influence of Joe Biden so that they could get approval to acquire companies. This is what Donald Trump has been trying to put an end to, China coming into the U.S., buying up Silicon Valley and forcing the transfer of technology, giving the Chinese Communist Party a leg up on American technology.”
“You’re exactly right, Maria, and this is a big part, I think, of the missed story. This is not just a story about Hunter Biden and the family getting wealthy. It’s about Hunter Biden participating in Chinese efforts to acquire western technology. In particular, for example, there’s a company called Henniges out of Michigan that produces dual-use technologies that they have both military and civilian application, and they are anti-vibration technologies.”
“Hunter Biden’s Chinese-funded investment firm partnered with AVIC, which is the largest military contractor in China, and they, together, acquired Henniges, this dual-use technology company in Michigan. It has a clear military application.”
Schweizer pointed out that this is not just a story about the Bidens and their partners enriching themselves.
It’s also about transferring technology to China, especially that technology with a military application.
I would also like to point out that since it is transferring technology to a hostile nation, it required approval of CFIUS.
That being the case, Joe Biden and other Obama administration officials were needed to approve the sale.
There is no indication that there was any real opposition to the move. FDR would be rolling over in his grave. He never would have sold a company that makes poison gas to the Nazis.