US President Trump owes millions of rupees to China

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US President Trump owes millions of rupees to China

US President Trump owes millions of rupees to China

During the election campaign, President Donald Trump said a few weeks ago about his rival, Joe Biden, that if he became president, China would become the owner of the United States, but now a shocking revelation has come out that the president Trump himself also owes China millions.

According to Politico, at one time President Trump owed millions of dollars to a state-owned bank in China, the same bank with which Joe Biden's son Hunter had signed a 1.5 billion investment agreement in 2013, and because of that deal, Donald Trump said If Biden becomes president, China will become the owner of the United States.

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In his statement, President Trump said, "When Joe Biden was Vice President of the United States, was the State Bank of China doing business with his son?" The Bank of China has denied President Trump's statement that he owes money to the Bank of China. A statement issued by the bank said that on November 7, 2012, several financial institutions, including the Bank of China, had lent 95 million to the Vornado Realty Trust, but within 22 days, the bank sold the loan in the CMBS market.

On the other hand, the documents available with Politico show that the New York City Department of Finance Bank of China is also indebted in 2017. The bank did not respond to a request for comment, saying only that a technical glitch had added to the New York City Department of Finance's list of creditors in 2017. Owns 30% of the shares, so they also had a large share in the debt.



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