Joe Biden's son was part owner of a venture involved in the $3.8 billion purchase by a Chinese conglomerate of one of the world’s largest cobalt deposits. The metal is a key ingredient in batteries for electric vehicles.
President Joe Biden said on Wednesday that most Americans cannot understand the problems faced by the United States' supply chains, adding that 'not a lot of people' have a clear grasp of the networks and their implications.
A vote for the bipartisan infrastructure bill is a vote for Biden's reconciliation legislation -- the largest cradle-to-grave expansion of federal power since the New Deal.
Buried deep inside the mammoth “infrastructure” bill that a handful of Republicans helped send to President Joe Biden’s desk is an ominous paragraph about forced labor in China and the Communist Chinese Party’s role in the supply chain needed to grow a fleet of electric vehicles in the U.S.
Biden's withdrawal from Afghanistan left the county's $3 trillion in lithium reserves to China and its state-controlled equity firms like Hunter Biden's Bohai, which owns the world's largest lithium-ion battery maker.