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White House press secretary Jen Spaki confirmed to media on Friday that President Joe Biden’s son, Hunter, still owned 10 percent of the shares in a company affiliated with the Chinese Communist Party.
“He has been working to settle his investments, but I would certainly appoint you – he is a private individual – I would assign you to him or his lawyers with every update,” said Psaki.
Hunter’s business relationship with China became an election issue last October after Hunter’s emails revealed that then-Democratic candidate and former Vice President Joe Biden received a payout from the Chinese company.
An email, dated May 13, 2017, and obtained by Fox News, reveals more details about Biden’s payout, including “compensation packages.”
In the email, Hunter Biden was identified as ‘Chairman / Vice Chairman, subject to agreement with CEFC’, in a reference to the now-bankrupt CEFC China Energy Co.