Wednesday, May 20, 2020

Donald Trump’s Debt to China


With criticisms of Trump’s handling of the pandemic growing and new opinion polls showing him trailing Biden in several key battleground states, we are sure to see more of these diversions. But adopting a China campaign strategy would also present a number of problems for Trump, beginning with the fact that Hunter Biden’s investment partnership isn’t the only American business that received funding from Chinese entities. In 2012, the Bank of China, a commercial bank owned by the Chinese state, provided more than two hundred million dollars in loans to a New York office building that Trump co-owns, Politico reported on Friday. The loans will come due in 2022, “in the middle of what could be Trump’s second term,” the timely article noted.

1 comment :

  1. You're not implying that he's doing this for leverage, for a quid pro quo: You release me from my debt and I'll then adjust US policy to be more China-friendly? Surely, our president would not be so unethical and self-serving, would he?

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