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White House Press Secretary Jen Spaki confirmed to the media on Friday that President Joe Biden’s son Hunter still owns 10% of the shares in a company with ties to the Chinese Communist Party.
“He worked to develop his investment, but I would certainly call you – he is a private citizen – I would call you to him or his outside lawyers for any update,” Psaki said.
Hunter’s trade deals with China became an electoral issue last October, after Hunter’s e-mails revealed that Democratic-Democratic candidate and former Vice President Joe Biden received a payment from the Chinese company.
An email, dated May 13, 2017 and obtained by Fox News, reveals more details about Biden’s payment, including “remuneration packages”.
The email identified Hunter Biden as “chairman / vice-chairman in accordance with the agreement with CEFC”, in a reference to CEFC China Energy Co.