Tax records show Trump has bank account in China: report

WASHINGTON — President Donald Trump 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, the New York Times reported Tuesday.

The Chinese account is controlled by Trump International Hotels Management LLC, which the tax records show paid $188,561 in taxes in China while pursuing licensing deals there from 2013 to 2015. “No deals, transactions or other business activities ever materialized and, since 2015, the office has remained inactive,” Garten said. “Though the bank account remains open, it has never been used for any other purpose.”China continues to be an issue in the 2020 presidential campaign, from the president’s trade war to his barbs over the origin of the coronavirus pandemic. His campaign has tried to portray former Vice President Joe Biden as misreading the dangers posed by China’s growing power.

As with Russia, where he explored hotel and tower projects in Moscow without success, Trump has long sought a licensing deal in China. His efforts go at least as far back as 2006, when he filed trademark applications in Hong Kong and the mainland. Many Chinese government approvals came after he became president.

He's a business man. If you remember, he has lots of real estate.

It was empowering ,it always made me feel so proud when the US president spoke and the whole world listened and pay attention. Now when this clown speaks the whole world laughs at him

LET’S FIRE THE LIAR !!!!!

idexfamily ideanomics come on!

Ahh, are you suggesting he should NOT be paying taxes on his businesses based there? Ah, you know that would be against the law... right? What's your opinion, MarketWatch, on the Biden's selling China access to US universities and their bio labs? The Biden Mafia?

Awww, so MarketWatch is trying to distract the public from Biden being accused of child abuse. Not going to work! Tell China that.

Your point is what?

Only people living under a rock doesn’t know the Trump’s company has locations in China, several golf resorts. Of course there would be taxes. He has also paid millions in the USA if you would read the NYT article instead of the headline.

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