So [Hunter Biden’s firm] get this $1.5 billion to invest, and what they are supposed to do is basically invest in companies that benefit the Chinese government,” stated Schweizer. “So just think about this for a second. This is the vice president of the United States whose father is supposed to be commanding American presence and power in the Pacific to deal with the rising challenge from China, and his son is investing $1.5 billion of Chinese government money.
So what do they do? They invest in an American high-precision tools company called Henniges, which used to be owned by Rocket Company, but they produce anti-vibration technologies which have a dual-use application, so this transaction actually requires the approval of the federal government, as it has national security implications. So again, the vice president’s son is helping the Chinese government take over a dual-use military technology-related company called Henniges.”