An actual China expert I follow on Twitter who spent 9 years in China (1 less than me
[You must be logged in to view images. Log in or Register.]) uses publicly available info on Joe to come to same conclusion he is corrupt.
https://www.baldingsworld.com/2020/1...es-with-china/
Quote:
Most worrying is the financial leverage this gives the Chinese state over a direct member of the Biden family. Despite the widely reported $1-1.5 billion of investment the reality is likely much higher. A co-founder of the investment firm reports the total assets under management as $6.5 billion. While this number cannot be completely replicated, given that two deal alone were worth in excess of $1.6 billion this number is not unrealistic at all. A 2% annual fee on assets under management would generate $130 million annually. Add in the 20% fee on capital gains the firm would recognize and it is not difficult to see Hunter’s stake being worth in excess of $50 million.
According to Hunter’s attorney, he did not invest his $400,000 in the company until 2017. Even assuming the veracity of this statement, this raises a major problem. Founded in 2013, the firm had large amounts of revenue and assets under management by 2017. In other words, his $400,000 stake would have already been worth far more than what he paid for it. This paltry $400,000 investment worth more than $50 million now would have realized a gain of more than 12,400% in three years.
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If you want a VERY well cited source with the full details you can read the full report here:
https://www.baldingsworld.com/wp-con.../10/KVBJHB.pdf