Chinese Financing Around the Trump-Branded Indonesia Project
What happened
promisedocumented At Trump's January 2017 press conference, counsel for the Trump Organization said the arrangement would isolate him from the business, bar new foreign deals and donate foreign-government hotel profits to the Treasury.
- Time: Read a Transcript of Donald Trump's Press Conference on Conflicts of Interest2017-01-11 · Sheri Dillon remarks: no new foreign deals, limited information rights, compliance counsel, and donation of foreign-government hotel profits
- U.S. House Committee on Oversight and Government Reform: Oversight Committee Requests Documents on Trump Organization's Treatment of Foreign Government Payments2017-04-21 · Bipartisan committee letter describing the January pledge and requesting implementation records
actiondocumented The Senate Foreign Relations Committee sought records concerning an announced Chinese government guarantee associated with MNC Lido City, which included Trump-branded development.
- U.S. Senate Committee on Foreign Relations: Menendez Requests Answers on Chinese Government Financing for MNC Lido City2018-05-25 · Letter requesting records about the announced Chinese guarantee for the Indonesia project
outcomereported Reporting treated the Indonesia work as continuation of a preexisting deal and did not establish a direct state payment to Trump.
- ProPublica and USA Today: Trump's 10 Troubling Deals with Foreign Power-Players2017-01-19 · Philippines, Indonesia, Panama and other project records with corporate documents
- The Washington Post: The Trump brothers' claims that they no longer profit from foreign deals2019-11-01 · Scotland, Dominican Republic and Indonesia project analysis; existing-deal response
limitationreported The candidate does not equate financing for the broader development with Trump Organization revenue or a policy exchange.
- The Washington Post: The Trump brothers' claims that they no longer profit from foreign deals2019-11-01 · Scotland, Dominican Republic and Indonesia project analysis; existing-deal response
People and organizations
- MNC Lido City developmentbeneficiary
- Trump Indonesia licensing businessbeneficiary
- Chinese government-linked financing sourcepayer
- MNC Lido City developmentrecipient
Assessment
The financing announcement created a documented foreign-state/conflict exposure around an existing Trump-branded project, but the cited sources do not establish that funds were paid to Trump, that Trump arranged the financing or that it caused U.S. policy.