Biden’s niece updated Hunter’s company on Chinese sovereign wealth fund during stint at Treasury: emails

Hunter Biden’s firm was courting state-run China Investment Corporation for potential investments

President Biden’s niece emailed Hunter Biden and the president of his company information about China Investment Corporation (CIC), China’s largest sovereign wealth fund, when she was serving in the U.S. Treasury Department during the Obama-Biden administration.

Casey Owens was serving as a special assistant for the U.S.-China Strategic and Economic Dialogue at the Treasury Department when she discussed the CIC, which is state-owned and manages part of the Chinese government’s foreign exchange reserves, with Hunter and his longtime business partner, Eric Schwerin.

At the time, Hunter’s now-defunct Rosemont Seneca Advisors, where Schwerin served as president, was courting the CIC for potential investments.