Wednesday, May 16, 2018
China's Billion Dollars in Loans to Indonesian Resort and Trump Organisation gets ts Cut and suddenly Trump about turns on Chinese Jobs
Trump Breaking the being bought barriers Chinese Style the kickback masters.
Also the deal between the Chinese state-owned company, M.C.C., and the Indonesian developer falls under the umbrella of China’s Belt and Road Initiative, an ambitious plan to spread the country’s money and influence around the world by financing infrastructure and other projects.
The initiative is a high priority for President Xi Jinping.
The Chinese state-owned construction company, in an announcement of the deal, did not provide any details on the agreement.
The announcement, which was initially published on its website, was later taken down.
A representative for M.C.C. declined to comment.
South China Morning Post had reported Tanoesoedibjo’s company, MNC Group, had received $500 million of funding from the Chinese government and banks for the theme park, which will be situated next door to planned properties and a golf course developed by the Trump Organization.
EXPECT A QUICK COVER UP
Posted by nickglais on 5/16/2018 08:01:00 AM