Hunter Biden admitted in federal court that a Chinese Communist Party-backed company gave him $664,000, contradicting his father’s claims that his son “has not made money” in China, according to the official court transcript.
Hunter Biden received $664,000 from the Chinese energy company CEFC, the transcript, obtained by Politico, from Wednesday’s hearing shows. Additionally, he admitted to earning more than $2.6 million for business and consulting from a company he formed with Yi Jianming, the CEO of the Chinese energy company.