For months, the business dealings of Hunter Biden, the son of US President Joe Biden, have been under scrutiny. Several investigations have been launched into his financial transactions, particularly those in Ukraine and China while his father was vice president.

Hunter Biden’s business ventures have been a source of controversy and criticism, with some accusing him of profiting off his father’s political connections. Here’s a breakdown of what we know so far:

Burisma Holdings

One of the most high-profile controversies surrounding Hunter Biden is his former position on the board of Burisma Holdings, a Ukrainian gas company. Hunter joined the board in 2014, when his father was vice president, and served until 2019. Critics have accused Hunter of using his position to create a conflict of interest for his father, who at the time was leading US efforts to help Ukraine fight Russian aggression.

However, no evidence has been found to suggest that Joe Biden acted improperly or intervened in any way to benefit his son’s business interests. Nonetheless, the scandal has continued to dog the Biden administration, with Republicans accusing the president of turning a blind eye to corruption.

In a recent interview with CBS News, Hunter admitted that his role on the Burisma board was “a mistake” and that he “wouldn’t do it again”. He also said that he did not believe his business dealings had influenced his father’s foreign policy decisions.

China

Another area of concern is Hunter Biden’s business dealings in China. In 2013, he flew aboard Air Force Two with his father to Beijing, where he met with Chinese businessmen and secured a $1.5 billion investment deal for his private equity firm, Bohai Harvest RST. Critics have accused him of enriching himself at the expense of American interests and national security.

Hunter has defended his actions, saying that the investment was unrelated to his father’s diplomatic mission and that he did not receive any money from the deal until two years later. He has also pledged to divest from his Chinese business interests if his father becomes president.

The controversy around Hunter’s China ties has become a talking point for some Republicans, who have accused Joe Biden of being soft on China. However, the president has pushed back against these claims, insisting that he will take a tough stance against China on a range of issues, including human rights and trade.

Other Business Ventures

In addition to Burisma and China, Hunter Biden has been involved in several other business ventures that have raised eyebrows. These include a partnership with Chris Heinz, the stepson of former Secretary of State John Kerry, to create an investment fund called Rosemont Seneca Partners.

The fund received funding from a Chinese businessman with ties to the government, leading to questions about potential conflicts of interest. Hunter has denied any wrongdoing and said that his business dealings have always been above board.

He has also faced criticism for his work as a lobbyist and consultant for various companies and organizations, including a Romanian real estate tycoon and a Ukrainian oligarch. Some have questioned whether he was hired for his connections to his father, although there is no evidence to suggest that he used his influence improperly.

The Hunter Biden business controversy has been a persistent headache for the Biden administration, with Republicans continuing to raise questions about potential conflicts of interest and corruption. However, so far no evidence has emerged to suggest that Joe Biden acted improperly or intervened on behalf of his son’s business interests.

While the controversy may continue to linger, it remains to be seen whether it will have any lasting impact on the president or his policies. For now, the Biden administration is focused on addressing a range of pressing issues, from the pandemic to climate change to racial justice.