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Hunter Biden, partners aided Chinese bid to corner nuclear energy market with U.S. tech, memos show

Detailed plan obtained by congressional investigators show Biden sought to help CEFC China Energy buy Westinghouse, the premier maker of U.S. nuclear reactors.

While his father was still vice president, Hunter Biden and his business partners tried unsuccessfully to help a Chinese energy firm acquire one of the United States’ premier nuclear technology companies in a secret attempt to “control” the global market, according to new evidence turned over to Congress in President Joe Biden’s impeachment inquiry.

The evidence, which includes a detailed strategy memo, shows Hunter Biden was directly involved in emails and correspondence on the project in 2016 and that the goal was to exploit the future first son’s access to power and his family reputation to make Washington and Beijing comfortable with a potentially controversial deal and then to shield the acquisition of Westinghouse by China CEFC Energy behind intermediaries.

“In summary, utilising (sic) the U.S. face of Westinghouse, combined with the economic power of CEFC (China) is the perfect solution to control this global sector,” Hunter Biden partner James Gilliar wrote to CEFC in a strategy memo.

At the time, Westinghouse was U.S.-based but owned by Japan’s Toshiba and one of the darlings of the nuclear industry with its new AP1000 reactor, a smaller and more advanced power generator. But it privately was suffering financial strife due to cost delays and overruns at a planned nuclear power plant in Georgia that would eventually force the company to file for temporary bankruptcy protection.

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