Hunter Biden quits Chinese firm’s board and promises to avoid foreign work if father Joe wins US presidential election
- Former vice-president’s son announces decision after series of accusations made by Donald Trump
- Earlier this month US President had called on China to investigate the Bidens’ activities in the country
Hunter Biden is stepping down from the board of a Chinese-backed private equity company and promising to forego all foreign work if his father, former US Vice President Joe Biden, is elected president in 2020.
After months of keeping a relatively low-profile as President Donald Trump levelled a barrage of unsubstantiated accusations of corruption at him, the younger Biden has vowed to avoid any conflict of interest.
According to a statement released on his behalf by his lawyer George Mesires, Biden said he would resign at the end of the month from the management company of a private equity fund that is backed by Chinese state-owned entities.
He also pledged that he wouldn’t work for any foreign-owned companies or serve on their boards during a potential Biden administration and reiterated that he never discussed his business activities with his father.
“Hunter always understood that his father would be guided, entirely and unequivocally, by established US policy, regardless of its effects on Hunter’s professional interests,” the statement said. “He never anticipated the barrage of false charges against both him and his father by the President of the United States.”
Trump and his personal lawyer Rudy Giuliani have repeatedly claimed, without providing evidence, that Hunter Biden made millions of dollars from China while his father was vice president.