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Donald Trump has bank account in China, NYT says

2020-10-21T06:42:51.230Z


The US president, who has launched a diplomatic and trade war against China, prided himself on being Beijing's only real adversary.


The US president has a bank account in China where he has tried for years to do business, while posing as a real opponent of Beijing, says the New York Times.

Read also: Trump vs Biden: their revenues and expenses to revive America

The real estate mogul has maintained the office he had opened in China before being elected for the duration of his presidential term and attempted a partnership with a major state-controlled Chinese company. newspaper.

The US president also kept a bank account in China, hitherto unknown and controlled by one of his companies, Trump International Hotels Management, according to an analysis of his tax returns seen by the NYT.

According to the latter, the company paid in China 188,561 dollars in taxes when it tried between 2013 and 2015 to conclude business license agreements.

Trump Group lawyer Alan Garten said the company had "

opened an account with a Chinese bank, with offices in the United States, in order to pay its taxes

."

No agreement, transaction or other commercial activity has materialized and, since 2015, this account has remained inactive,

” he said.

Donald Trump has embarked on a trade and diplomatic war with China, claiming to be the only true defender of American interests against the Chinese giant, unlike, according to him, Joe Biden, the Democratic candidate for the presidential election in November.

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Source: lefigaro

All news articles on 2020-10-21

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