Trump's business pursuits and bank account in China

reedak

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May 1, 2014
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1. ....Mr. Trump’s own business history is filled with overseas financial deals, and some have involved the Chinese state. He spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president and forging a partnership with a major government-controlled company.

And it turns out that China is one of only three foreign nations — the others are Britain and Ireland — where Mr. Trump maintains a bank account, according to an analysis of the president’s tax records, which were obtained by The New York Times. The foreign accounts do not show up on Mr. Trump’s public financial disclosures, where he must list personal assets, because they are held under corporate names. The identities of the financial institutions are not clear.

The Chinese account is controlled by Trump International Hotels Management L.L.C., which the tax records show paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015....

Source: https://www.nytimes.com/2020/10/20/us/trump-taxes-china.html

2. Such disclosure is not surprising as the "emperor with no clothes" is the most corrupt president in American history.

Trump has no choice but to release his tax returns immediately to prove his innocence (if any).

https://historynewsnetwork.org/blog/154295

 
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