Hunter Biden acknowledged in court on Wednesday that he received over $500,000 from a Chinese government-backed company, despite his father’s repeated assertions that none of the Bidens have “made money from China.”

Fox News reported that Hunter pled not guilty to two misdemeanor counts of willful failure to pay federal income taxes before federal court Judge Maryellen Noreika.

A plea agreement that would have allowed him to avoid prison time for two misdemeanors and a distinct felony gun charge collapsed when Noreika refused to sign it.

During Hunter’s three-hour judicial appearance, he was questioned about his international business dealings in Ukraine and China. When questioned about specific disbursements, he verified receiving $664000 from CEFC Energy.

According to the New York Post, CEFC was China’s largest private energy company until the company declared bankruptcy in 2020.

“I started a company [in 2017] called Hudson West, your Honor, and my partner was associated with a Chinese energy company called CEFC,” Hunter said, according to court transcripts obtained by Fox.

“Who was your partner?” Judge Noreika asked.

“I don’t know how to spell his name, Yi Jianming is the chairman of that company,” the president’s son replied.

The Post obtained an email sent by Hunter Biden to “Chairman Ye” in June 2017 in which he wished him “best wishes from the entire Biden family as well as my partners.”

According to the Post, Yi was arrested by Chinese authorities in 2018 and has not been seen since.

For reference 👇 pic.twitter.com/K6c94qP7UN

— Oversight Committee (@GOPoversight) July 27, 2023

More on this story via The Western Journal:

Noreika continued her line of questioning about the payments, asking Hunter: “$664,000 from a Chinese infrastructure investment company — is that one of the companies we’ve already talked about?”

“I believe so, yes, Your Honor,” Hunter answered. “I believe CEFC.” CONTINUE READING…