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February 15, 2024 at 8:26 pm

Stop Calling CEFC China Energy a Business – It Was a Front for Chinese Intelligence…

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by Sam Faddis at AND Magazine

The press is once again filled with reporting about the contacts between CEFC China Energy and the Bidens. Millions of dollars flowed from CEFC to Hunter Biden, and it is increasingly clear that this money was intended for Joe Biden. Only the willfully blind can avoid reaching the obvious conclusion. All that money was for something, and it wasn’t payment for Hunter’s good looks.

Still, across the board, the press continues to miss the point. CEFC is described continuously as a Chinese energy company. The unstated premise is that, at worst, what we are looking at is a commercial company buying favors in pursuit of a business opportunity of some sort.

This is incorrect.

CEFC China Energy did not exist to make a profit. It existed to buy foreign leaders and bend them to the will of Communist China. It was an integral part of China’s vast “elite capture” program that operates worldwide.

According to a Caixin report published in 2018, the CEFC conglomerate fraudulently used complex methods and deals to fake itself into the Fortune 500 list, mainly by taking money from China’s state-owned enterprises and banks with no actual profit. Caixin is China’s leading business-oriented investigative journal.

The head of CEFC China Energy was Ye Jinping. He enjoyed the support…

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