Deeper look: CEFC, the Chinese energy firm at the center of the Biden impeachment inquiry

Lesser known than Burisma, the now-defunct company was once a Global Fortune 500 energy and finance conglomerate energy conglomerate with Chinese Communist Party connections, and a long history of helping to implement China's plans to become a dominant economic superpower. They are now at the center of the Biden impeachment inquiry. Who were they?

Hunter Biden’s extensive financial dealings with the now-defunct Chinese energy conglomerate CEFC China Energy (CEFC) have become one of the central focuses of the House Republicans’ impeachment inquiry into President Joe Biden. According to House investigators, one area of concern is the bank transfers he received from his relatives that ostensibly originated with that company.

Just the News reported last week that Hunter Biden’s work with the company began while his father was still Vice President and the IRS whistleblowers indicated that payments to the Biden family in 2017 may have been for services rendered earlier in 2016, Joe Biden’s last year in office during the Obama Administration. The House Oversight Committee this year also traced funds from the energy company directly into Joe Biden’s bank accounts.

Americans are well acquainted with Burisma, the Ukrainian energy firm that was at the center of President Trump’s first impeachment and the 2020 election, but CEFC remains more obscure.

Here's an article from 2017 reporting CEFC China Energy's involvement in the Czech Republic. According to this article: "Its influence goes well beyond Beijing. Czech President Milos Zeman has appointed CEFC’s founder and Chairman Ye Jianming as an advisor on economic policies, and the company has become one of China’s biggest investors in central Europe."

The current president of the Czech Republic is Petr Pavel, who was elected by the Czech Parliament this year, and I have no idea if CEFC China Energy is still involved in Czech politics.

China’s CEFC has big ambitions, but little known about ownership, funding

excerpt shows “no evidence” of zhoa bai din having any knowledge or interest in his son’s binez:

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Of significance to congressional investigators, Hunter Biden helped CEFC plan for its expansion into the U.S. energy market through a joint venture with him and his partners at the same time that CEFC was set to acquire a $9.1 billion stake in Russia’s state-owned energy company, Rosneft.

According to the Senate report, “On the same day that the impending Rosneft deal was announced, Hunter Biden and Gongwen Dong, a Chinese national who has reportedly executed transactions for limited liability companies controlled by Ye Jianming, applied to a bank and opened a line of credit under the business name Hudson West III LLC.”

Hudson West III LLC would be the primary vehicle that Ye Jianming and CEFC would use to transfer funds to the younger Biden. Although the president has repeatedly denied any knowledge of his son’s businesses, some of these funds would end up in Joe Biden’s personal bank account, according to documentary evidence obtained by the House Oversight Committee.

From 2017 to 2019, Hunter Biden received at least:

$3.6 million from a company that is likely CEFC
$664,000 from a CEFC-connected entity
$1 million from CEFC for the representation of Patrick Ho

The money that Hunter Biden received from CEFC sources was outlined in the first son’s now-defunct plea deal on his federal gun and tax charges. You can read the plea deal below:

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