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Trump reportedly owes tens of millions to Bank of China

Shortpedia

Content Team
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US President Donald Trump has a share in a New York property development that once borrowed tens of millions of dollars from China, according to a new media report. The debt derives from a 30% share the US president has in a billion-dollar building on the Avenue of the Americas in Manhattan. The building was refinanced in 2012 with $211m of the funding that allegedly came from the state-owned Bank of China.