Hunter Biden was paid $100K through joint-venture with Chinese energy firm, ex-associate testified
Fox News
Hunter Biden was paid $100,000 a month and James Biden was paid $65,000 a month in 2017 from their joint-venture with CCP-linked Chinese energy firm CEFC, a former associate testified to the House Oversight and Judiciary Committees, but said he did not know the nature of their work to earn such payments.
Brooke Singman is a political correspondent and reporter for Fox News Digital, Fox News Channel and FOX Business.
Yan testified that he met Hunter Biden and James Biden in May 2017 through a CEFC business partner Gongwen Dong, also known as "Kevin." Yan said that meeting lasted less than 15 minutes, but that it was the impetus for the joint-business venture, Hudson West III, with the Bidens.
Yan said the business venture was intended to facilitate the investment of Chinese energy infrastructure firms – like CEFC – into U.S. energy companies in exchange for energy exports to China.
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