EMAILS FOUND ON HUNTER BIDEN’S HARD DRIVE REVEAL HE SERVED AS THE “MANAGING DIRECTOR” OF CEFC CHINA ENERGY – A COMPANY THAT HAS DEEP TIES TO THE CHINESE COMMUNIST PARTY’S MILITARY, THE PLA.
CEFC China Energy recently made headlines following a New York Post exposè highlighting how Hunter Biden leveraged his father’s name to ink deals with the Chinese government-linked entity.
The article – ‘Emails reveal how Hunter Biden tried to cash in big on behalf of family with Chinese firm’ – also outlines how Joe Biden may have benefitted financially from the deal.
The company, founded by the now-missing Chinese tycoon Ye Jianming, has been identified as collaborating with the Chinese Communist Party’s People’s Liberation Army (PLA) since its founding.
CEFC’s PLA ties come through Ye. Even CNN acknowledges it:
“For years, rumors had circulated in China that Ye was a People’s Liberation Army (PLA) princeling […] Onlookers theorized that Ye Jianming’s grandfather was a high-ranking Communist Party official called Ye Jianying. A biography of the younger Ye in a 2012 financial report seemed to support claims of high-level PLA ties. It states that from 2003 until 2005 he was the deputy secretary general of the China Association for International Friendly Contact (CAIFC). That group is a purported political arm of the Chinese military, according to a report by the Project 2049 Institute, a US-based organization that researches Asia security issues. Stylistic similarities between the CEFC China Energy and CAIFC logos did nothing to dispel the idea that Ye was linked to the military.”
What’s more, the Wall Street Journal noted the company was a supplier of the PLA in 2018:
“The company reports over $40 billion in annual revenue including Middle East oil production, financial holdings in Central Europe, trading in Singapore and oil storage depots for China’s strategic national reserve. A person with knowledge of the situation said CEFC supplies the People’s Liberation Army.”
Despite these ties, Hunter Biden identifies himself, “unequivocally with no room for different opinions or interpretation” as a Manging Director of CEFC.
“I am the managing director of CEFC. I have complete authority as to who I hire and who I fire. I have only employees that work for me in DC,” the former veep’s son wrote.
Hunter Biden continued: “I am not in a JV with CEFC. I am not partners with CEFC. I am not employed or funded by CEFC. My expenses will not be reviewed by any CEFC employee. The President of CEFC has no right reason nor ability to terminate HW3.”
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