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The newspaper cited an analysis of tax records showing that Trump still has a bank account in China, controlled by Trump International Hotels Management. Trump is said to only maintain overseas bank accounts in just 3 countries, UK, Ireland and China.
“Tax returns show that the company paid $ 188,561 in taxes in China while pursuing commercial contracts between 2013 and 2015,” according to The New York Times.
Trump Organization attorney Alan Garten said Trump International Hotels Management (part of the Trump Organization) has “opened an account at a Chinese bank with offices in the United States to pay local taxes.”
“There have been no other transactions or commercial activities. Since 2015, the China office is inactive. Although the bank account is still active, it has never been used for any. Any other purpose,” Garten said. The New York Times.
Before that, in 2008, Trump tried to implement an office building project in the city of Guangzhou, but ultimately failed. In 2012, he opened an office in Shanghai.
In addition, the Trump Hotel Collection company has been in talks with the National Power Transmission Corporation of China to mark and manage a large-scale development project in the capital Beijing, AFP sources revealed. . However, the tender was subsequently canceled.
With the slogan “America First,” Trump describes China as the greatest threat to America and world democracy. Trump warned that China would “own” the United States if Biden was elected in the 3.11 presidential election.
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