Hunter Biden on Thursday admitted and then justified the Biden family’s multi-million dollar business with Chinese entities close to the Chinese Communist Party after years of denial.
Hunter Biden, a private citizen with every right to pursue his own business endeavors, joined several business partners in seeking a joint venture with a privately-owned, legitimate energy company in China. As part of that joint venture, Hunter received his portion of good faith seed funds which he shared with his uncle, James Biden, and Hallie Biden, with whom he was involved with at the time, and sharing expenses.
Hunter’s statement is a public relations attempt to push back on House Oversight Committee James Comer’s confirmation that the Biden family business received a $3 million wire transfer from a Chinese energy company and subsequent payments afterPresident Joe Biden left the vice presidency in 2017. Hunter’s statement is notable because it represents the first time he has ever acknowledged his family made millions from Chinese business deals.
The story has changed throughout. When we first broke this story in 2018, they denied that they were even doing business in China. Then they said well, we were doing business in china but, as you pointed out, we didn’t make any money. Then it shifted to joe biden didn’t know about those deals.That’s been disproven.
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