Tuesday saw China send Joe Biden a warning when Cathay Bank, a Chinese-American banking company, made an unexpected admission. The bank revealed transfers of millions of dollars from Chinese entities to Hunter and James Biden by sharing data with Senate Republicans. Political watchers are closely monitoring this news as they wait to see how the Biden administration will react, which has definitely increased tension and scrutiny.
“In my mind, it’s the Chinese government telling Joe Biden, ‘We got the goods on you, buddy, and we’re willing to dish it up,’” According to Sen. Johnson, The Washington Times.
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According to The Washington Times,
According to official papers, there is a strong connection between the immediate relatives of the US President and CEFC China Energy, a former energy giant in China. Financial ties that appear to have gone unreported were made possible by the enormous sum of $1 million that was routed to a venture owned by Hunter Biden and Gongwen Dong, who was connected to Ye Jianming of CEFC.
A recent financial dispute involved Hudson West III, a Cathay Bank known for its dedication to ethical banking standards. Documents have shown that $5 million was sent to Hudson West III by two Chinese energy businesses, one of which was supported by the communist CEFC. A $4.8 million payment was then made to the businesses controlled by Hunter Biden, the president’s brother, Owasco P.C. and Owasco LLC, as well as Lion Hall Group, which is owned by James Biden. The financial transactions have sparked controversy and prompted inquiries about the role of foreign organizations in American politics.
Cathay Bank, a Chinese-American-owned bank with its main office in sunny Los Angeles, voluntarily decided to provide two notable Senators access to its information. Their choice to make this information public demonstrates their dedication to openness and accountability.
Cathay Bank has a long history of offering financial services to many populations both domestically and internationally. The bank was established in 1962 to service the Chinese-American community, but it has subsequently broadened its clientele to include people from all different racial and ethnic backgrounds. Cathay Bank has grown to be a reputable brand in banking, with offices around the nation, including Washington state, California, and other states. The bank is well-established abroad as well, including in Hong Kong, Shanghai, and Taipei, among other overseas places. Cathay Bank continues to show its dedication to development and quality in the financial sector by maintaining its status as a publicly listed company on the NASDAQ stock exchange.
This is a perfect situation to roll out the R.I.C.O. statutes.
I suspected a China connection when he allowed that espionage balloon to float into and through the USA. His smiles following reporters’ inquiries regarding China or any connection with China. His body language following such inquiries smack of treasonous connection with China.
By the time he finishes his term this country will be a China asset . I wander if we can go in China and buy farm land near one of their military bases. Let’s face it. This great nation has become the laughing stack of the entiere world and this is the only way the world loves us. Weak and filling their pockets with hard cash provided by the middle class tax paying folks . They did not like USA during the Trump administration because the cash cow went dry. Trump 2024
Only the stupid ,low IQ loyalists belive that idiot Biden is an honest guy and foremost, not a Chinese asset. He is a Chinese asset and all his family is a gang of criminals. Luky them is that we have a two justice system
One favorable to them and one weaponized against his political opponents.