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Tax records show Trump maintains Chinese bank account:NYT

22 Oct 2020 - {{hitsCtrl.values.hits}}      

 

 

In an exclusive expose ‘The ‘New York Times’ on Tuesday, revealed US President Donald Trump, who attempts to paint his rival Joe Biden as weaker on Beijing, has admitted to maintaining a previously unknown Chinese bank account.   


Trump has spent recent days promoting a murky claim that Biden’s son Hunter sold access to his father in Ukraine and China when he was vice president under Barack Obama.   


The reality however, is that it is Trump, himself  maintained an office in China during his first run for president, and partnered with a major government-controlled company, the Times reported.   


The account, controlled by Trump International Hotels Management paid local taxes between 2013 and 2015.   
Tax records show the company “paid $188,561 in taxes in China. The newspaper’s previous reports show he paid $750 (£580) in US federal taxes in 2016 and 2017, when he became president.   


Under his “America First” banner, Trump portrayed China as the greatest threat to the United States and global democracy,   


 launched a massive trade war that has cost billions of dollars, harangued Chinese tech firms and laid blame for the coronavirus pandemic with Beijing.   
WASHINGTON (Compiled from AFP/BBC) Oct21, 2020