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James Biden Admits ‘Loan Repayment’ to Joe Was Possible Thanks to Chinese Money – HotAir

Last week, First Brother James Biden gave testimony as part of an impeachment inquiry about his financial dealings with China and also with his brother Joe Biden. The NY Post reports that during that testimony, James Biden admitted that the money he used to repay a loan from Joe came to him as part of a multi-million dollar deal with China.

James, 74, insisted that he didn’t believe the company, CEFC China Energy, was controlled by Beijing — claiming that “I just misspoke” when telling the IRS in a 2022 interview that first son Hunter Biden, who was partnering with his uncle, had described CEFC chairman Ye Jianming as a “protégé” of Chinese President Xi Jinping.

“Where did you believe the source of the money that was going into [Hunter Biden’s company] Owasco, prior to being sent to you, was coming from?” an investigator asked James during the Feb. 21…

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