Chinese Financing Around the Trump-Branded Indonesia Project
- Promised
- 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.Open cited record · 2 sources
- The record
- The Senate Foreign Relations Committee sought records concerning an announced Chinese government guarantee associated with MNC Lido City, which included Trump-branded development.Open cited record · 1 sourceReporting treated the Indonesia work as continuation of a preexisting deal and did not establish a direct state payment to Trump.Open cited record · 2 sources
- Audit finding
- unresolved
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.
Causal strength: not established
People and impacts
- Who gained
- MNC Lido City development
- Trump Indonesia licensing business
- MNC Lido City development
- Who paid
- Chinese government-linked financing source