They told this lie to try and protect Joe Biden from the fact that his son Hunter got a sweetheart deal from the Chinese communists after Joe brought Hunter along on an official visit to China when Joe was VP.
Here's the original headline; all that most people will ever read.
Not surprisingly even the "corrected" piece is wrong.
The loan in question is for a property at 1290 Avenue of the Americas in NYC.
Trump is a 30% owner of a limited partnership that owns the building. The rest is owned by Tornado Realty Trust one of the largest commercial reality investors in America.
The money for the project came from a number of banks including one in China. However those loans ended when the debt was converted into bonds which means that the China bank was only involved for a very short time.
More importantly Trump himself had nothing to do with the deal and the bonds are being managed by Wells Fargo.
Effectively no aspect of the Politico story was correct.
What is correct is that Hunter Biden stands to make millions from the Chinese communist government and that contrary to his promise he appears to still be on the board of the company funded with Chinese government money.
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