False claim that Biden family owns 10% of Chinese company

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The claim: Biden family owns 10% of prominent Chinese lithium battery companyA new conspiracy theory claims President Joe Biden and his family own part of one of China's biggest lithium battery companies, despite official paperwork refuting the claim."The Bidens own 10% of a Chinese lithium ion battery company whos (sic) stock has soared almost 300% since Biden was 'elected,'" a Sept. 6 Facebook post reads. "For anyone interested in researching the company = Contemporary Amperex Technology Co., Limited (CATL)."The post has been shared almost 1,000 times. Other versions posted online have also accrued thousands of shares collectively.Leading up to the 2020 election, theories claiming Biden and his son, Hunter, had accepted payoffs from foreign countries went viral. Then-President Donald Trump frequently accused them of wrongdoing with China and Ukraine, calling for an investigation in 2019.Fact check:Shouting profanity about the president is protected by the First Amendm
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