Hunter Biden's business deal with China depended on access to his father, emails show

By 
 March 8, 2024

Recently revealed emails shed light on the motivations behind a Chinese businessman's partnership with Hunter Biden's Burnham firm, suggesting that the allure of access rather than immediate financial gain was the driving force.

These revelations underscore the House Oversight Committee's argument that the Biden name was the principal commodity being traded by Hunter Biden.

The account

Jason Galanis, an impeachment witness and Hunter Biden's associate in the Burnham venture, testified before Congress in late February, indicating that the firm served as a conduit to integrate the "Biden Family Office" with a large-scale financial company.

Galanis provided this testimony from federal prison, where he is serving time for his role in a fraudulent tribal bonds scheme alongside another Hunter Biden partner, Devon Archer.

According to Galanis's testimony, Hunter Biden's value to their business was primarily his family name and his access to his father, then-Vice President Joe Biden.

This sentiment is echoed in recently obtained emails, where Henry Zhao, owner of Harvest Fund Management and a partner with Burnham and Hunter Biden, expressed interest in the partnership primarily for the access it could provide, rather than immediate financial gains.

The list

A "Punch List" circulated among the Burnham group highlighted Zhao's motivations, with one employee summarizing statements made by Hunter Biden at a firm meeting.

The employee emphasized that Zhao viewed the partnership as an access vehicle with potential for future growth, underscoring the importance of Joe Biden's involvement and the Biden family name in developing business opportunities.

During a podcast interview on "John Solomon Reports," Mark Paoletta, a lawyer for Jason Galanis, emphasized that the focus was on Joe Biden's access rather than the financial capabilities of the Burnham company.

Galanis further clarified in his testimony that Zhao's interest stemmed from the expectation that Joe Biden would join the firm after his vice presidency, providing political access in the U.S. and globally.

The evidence

The Burnham team planned to emphasize this expectation to Zhao, as evidenced by a draft email that Hunter Biden intended to send him.

While the final version of the email omitted references to Hunter's family relation seeking a board seat, it revealed the team's intention to leverage Joe Biden's name and access to sell the partnership to Zhao.

Hunter Biden's involvement in securing strategic relationships with investors from various countries, including Russia, Kazakhstan, and China, further highlighted the value placed on his family name.

These revelations add to the ongoing scrutiny surrounding Joe Biden's alleged involvement in his son's business dealings, despite repeated denials from both parties.

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