Hunter Biden’s admission that the family firm got funds from China in 2017 was refuted by President Joe Biden.
When questioned by reporters about recent revelations that the family’s bank accounts were endowed with money from communist China, Joe Biden retorted, “That’s not true.”
Hunter said on Thursday that, despite Joe Biden’s assertions, the family firm did take Chinese funding in 2017. Hunter stated that the Biden family business had received money from China and that he, James, Hailie, and an unidentified “Biden” had all collected a total of $1.3 million.
“Hunter obtained his part of good faith seed funding, which he split evenly with his uncle, James Biden, along with Hallie Biden, with whom he was connected at the time, as well as sharing expenditures,” Hunter’s spokeswoman confirmed.
When Breitbart News asked the White House on Friday if Joe Biden still held the opinion that Hunter did not receive money from China, as he had previously stated, they declined to answer.
Joe Biden’s denial follows House Oversight Committee James Comer’s (R-KY) Tuesday revelation that the Biden family firm received a $3 million wire transfer from a Chinese energy company and additional payments after Joe Biden served as vice president in 2017.
Moreover, Comer has discovered proof that Joe Biden received $179,836.66 for his family business when he served as vice president in the White House in 2015. Although the figure seems small in comparison to the $31 million the company received while Joe Biden served as vice president, the latest sum expands on earlier research done in 2022 by Breitbart News senior contributor Peter Schweizer.