
Belt and Road Biden: How Hunter Helped China’s Hegemonic Scheme to Overtake the U.S.
by John Hayward National Security Deputy Editor
The business relationships between President Joe Biden’s son Hunter and Chinese Communist Party elites are explored in Peter Schweizer’s new book Red-Handed: How American Elites Get Rich Helping China Win. Some of Hunter’s Chinese deals were helpful to the Belt and Road Initiative (BRI), China’s colonialist scheme for buying influence across the Third World and luring poor nations into taking loans from Chinese banks they can never repay.
BRI first appears early in Red-Handed with Hunter Biden’s effort to use Chinese money to buy the national railroad of Greece. Hunter’s partner in this endeavor was the China Open Shipping Corporation (COSCO), a firm owned by the Communist government and closely linked to the People’s Liberation Army (PLA).
China hoped to push BRI’s influence into the heart of Europe and develop a network of ports, picturesquely described as a “string of pearls,” that could be used by the PLA to challenge American naval power in the Atlantic. Through COSCO, the Chinese government offered Hunter an incredible sweetheart deal because it wanted to take advantage of his personal connections in Greece.