Scott Takes Aim At Ramaswamy: Did Business With Chinese Communist Party, Hunter Biden’s Business Partners
Entrepreneur Vivek Ramaswamy and US Senator from South Carolina Tim Scott speak during the second Republican presidential primary debate at the Ronald Reagan Presidential Library in Simi Valley, California, on September 27, 2023.
ROBYN BECK | AFP via Getty Images

Sen. Tim Scott (R-SC) took aim at pharmaceutical executive Vivek Ramaswamy during Wednesday night’s second Republican Party primary debate over his past business ties to communist China.

Scott’s attack comes after he was overshadowed and largely quiet during the first Republican Party primary debate last month and has hovered around 2-3% in the polls, according to the RealClearPolitics average.

Scott took issue with Ramaswamy for saying during the debate that all the Republican candidates on stage were good people after he had accused them during the first debate of being “bought and paid for.”

“When we have a conversation about the things that are happening on this stage, we think about the fact that Vivek just said we were all ‘good people,’ and I appreciate that,” Scott said. “Because last debate, he said we were all ‘bought and paid for.'”

“And I thought about that for a little while, and said, you know, I can’t imagine how you could say that, knowing that you were just in business with the Chinese Communist Party, and the same people that funded Hunter Biden millions of dollars was a partner of yours as well,” Scott said.


Ramaswamy said that Scott’s claims were “nonsense.”

An op-ed in The Washington Post this week noted that Ramaswamy did business with “high-ranking members of the Chinese Communist Party, including the same CCP-linked family that paid millions to Hunter Biden.”


Ramaswamy’s pharmaceutical company, Roivant, partnered with a “private-equity arm of CITIC Group, a state-owned Chinese investment firm, to form a company called Sinovant, focused on ‘bringing innovative medicines to China and advancing Chinese biopharmaceutical innovation abroad,'” the Post reported.

The New York Times reported that CITIC Group is “embedded in the Communist Party elite” and is “an important member of the government-controlled ‘national team’ that carries out the will of the state in financial markets.”

The 2014 deal was between Ramaswamy’s company and CITIC’s private-equity firm (CITIC PE), which “is led by Liu Lefei, son of Liu Yunshan, who is the former head of the Chinese Communist Party’s propaganda department,” the report said. Liu Lefei is also married to Jia Liqing, who is the daughter of China’s longest-serving minister of state security, and the Times noted that the two represent “the most potent arms of the Chinese Communist Party.”

Jia also “co-founded Harvest Global Investments with Zhao Xuejun (a.k.a. Henry Zhao), a company that went into business with Hunter Biden,” the Washington Post report states. “Zhao paid $5 million to Biden’s firm Burnham Asset Management in 2016, which emails from Biden’s laptop confirm. Think of what that means: Ramaswamy was in business with the same family as the president’s son, whose Chinese business interests House Republicans are now investigating.”

Create a free account to join the conversation!

Already have an account?

Log in

Got a tip worth investigating?

Your information could be the missing piece to an important story. Submit your tip today and make a difference.

Submit Tip
Download Daily Wire Plus

Don't miss anything

Download our App

Stay up-to-date on the latest
news, podcasts, and more.

Download on the app storeGet it on Google Play
The Daily Wire   >  Read   >  Scott Takes Aim At Ramaswamy: Did Business With Chinese Communist Party, Hunter Biden’s Business Partners