Despite being headquartered in Fremont, California, Gotion, Inc. is wholly under the ownership and jurisdiction of Gotion High-Tech from Hefei, an eastern Chinese city.
As of the conclusion of the prior year, the firm, with its linked enterprises holding assets in the U.S., declared outstanding liabilities amounting to $335 billion.
A federal judge denied an injunction from the American Civil Liberties Union (ACLU), ruling not to block a Florida law prohibiting Chinese nationals and other nationals from purchasing land.
Chairman Comer stated, “Joe Biden has claimed there was ‘an absolute wall’ between his family’s foreign business schemes and his duties as Vice President, but evidence reveals that access was wide open for his family’s influence peddling.”