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Trump owed tens of millions of dollars to a state-owned Chinese bank
Donald Trump at a rally, photo by Gage Skidmore.

Trump owed tens of millions of dollars to a state-owned Chinese bank

President Donald Trump has been trying to portray former Vice President Joe Biden as a pawn of the Chinese government -- but a new report from Politico claims that the president was tens of millions of dollars in debt to a Chinese state-owned bank.


According to the report, a Trump real estate partner in 2012 initiated a $1 billion refinance scheme for a skyscraper at 1290 Avenue of the Americas in New York in which Trump owns a 30 percent stake.

"The debt included $211 million from the state-owned Bank of China, which matures in the middle of what could be Trump’s second term," the publication writes.

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