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.

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

  1. The Horror of trump, (the Impotent king in waiting), will be sadly left hanging heavily on the citizens of the USA. How can any person in such high authority using taxpayers money to bail out his failing enterprises. There are so many citizens that do not deserve this legacy from these corrupt republicans. How dare this criminal use his position to insult China and Japan when they have given him aid??? If this is how he treats his friends expect him to use the USA as his Leverage and enemy very soon. He showed himself up as a gutless- weak-man capable of saying anything that might get him bailed out of his atrocities. Today at the conv briefing. He was terrified of the professional reporters that show him up for what he really is… He will make USA his scapegoat with ease beware of the dangerous days ahead and the rest of the debts called in by Russia and Saudi Arabia. I have not forgotten the death of Jamal Khashoggi along with a mention of Kushna somewhere in conversations. having said this was okay. Meanwhile he will be sliding his way around the white house planning more skulduggery along with all those he has bought and paid for. The greedy fat cats that are about to see the sky falling…..Graham MacConnell Hannity the 3rd man? Nice to see Halve pence standing by his man on the podium. Interesting if it is true reporting he has applied for funding from Ireland and Others to help with his golf course funding…. wow what comes tomorrow?

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