Donald Trump Foreign Policy The Trump Adminstration Trump-China

Donald Trump’s ‘Beijing Connection’: He Owes Tens Of Millions To The National Bank Of China

Several days ago, Donald Trump was asked about possibly giving coronavirus aid to Iran. His response was rambling and verbose, but at the end of it he managed to get in a cheap shot at his likely Democratic opponent in November, Joe Biden:

“If Joe Biden got in they would own America between them, China and Japan, Mexico, Canada they would own America. You wouldn’t have a country left if he got in.”

But as we’ve learned so often over the last four years of the Trump presidency, those comments were also psychological projection. Trump was accusing his adversary of what he himself is guilty of, according to a report from Politico, which reveals that the Trump Organization owes the Bank of China tens of millions of dolllars, and that loan is coming due very soon:

“Trump himself is tens of millions of dollars in debt to China: In 2012, his real estate partner refinanced one of Trump’s most prized New York buildings for almost $1 billion. The debt includes $211 million from the state-owned Bank of China — its first loan of this kind in the U.S. — which matures in the middle of what could be Trump’s second term, financial records show.”

Could it be that Trump is just as beholden to China as he’s accused of being when it comes to Russia? That’s certainly possible when you consider that the government-owned Bank of China holds a note with the president’s name on it.

All of this is also proof of Trump’s enormous hypocrisy, because he, his campaign, and his surrogates have been trying to tar and feather Joe Biden’s son, Hunter, for months now, right after their Ukraine fishing exposition turned up zero evidence of wrongdoing by the Bidens and wound up getting Trump impeached:

“The 2012 Bank of China deal also stands out because Trump and his campaign have repeatedly highlighted the same bank’s role in a $1.5 billion deal announced in 2013 by partners of Joe Biden’s son, Hunter Biden. Critics of the Bidens have seized on the fact that the agreement materialized just days after Hunter Biden traveled to China with the then-vice president, who was there on official business.”

Keep in mind that this president steadfastly refused to fully divest from his business when he was elected, handing control of it to his two eldest sons, Don Jr. and Eric. But how can Donald Trump not know that a loan of this size owed to a Chinese bank is coming due? That is a massive conflict of interest.

As usual, Donald Trump is the puppet, despite his protestations that everyone else is dancing to the tune of another. He is corrupt, dissembling, and incompetent. He must be removed from office in November. And he, his company, and his family all need to be investigated, indicted, and taken to trial.