The Hong Kong corporation that allegedly wired funds to Hunter Biden’s business in 2017 was controlled by a Shanghai firm run by members of the Chinese Communist Party (CCP), some of whom had previously served in the People’s Liberation Army (PLA), according to business documents and congressional reports reviewed by the Daily Caller News Foundation.
On June 30, 2017, Shanghai Huaxin Group (Hong Kong) Ltd. wired $10 million to the Delaware-based company CEFC Infrastructure, which then wired $100,000 to Hunter Biden’s “professional corporation,” Owasco P.C., on August 4, 2017, a House Oversight Committee memo revealed Wednesday, alleging the transfers were part of a scheme to conceal the Chinese origin of the funds.
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