Politico: Trump Owes Bank of China Millions
Politico reported that Trump, through a Manhattan building partnership, owed tens of millions of dollars to state-owned Bank of China on a loan coming due in 2022.
It suggested Trump was personally indebted to a Chinese state bank while setting China policy.
What was reported
Politico reported that Trump, through a Manhattan building partnership, owed tens of millions of dollars to state-owned Bank of China on a loan coming due in 2022.
What actually happened
Politico had not contacted the bank before publishing. Bank of China USA then said it had sold off, or securitized, the debt soon after the 2012 refinancing and had no current financial interest in any Trump Organization property. Politico published an editor's note on April 27 and revised the story.
The proof
Politico's editor's note relaying the bank's statement that it held no current interest in the loan.
The receipt. Copy this and paste it anywhere:
Politico: Trump Owes Bank of China Millions — Retracted. Politico's editor's note relaying the bank's statement that it held no current interest in the loan. Full file: https://www.thepropagandafiles.com/case/politico-trump-bank-of-china-debt/
Original reporting
- Politico: original Bank of China storyhttps://www.politico.com/news/2020/04/24/trump-biden-china-debt-205475
Corrections, findings & records
- Politico: editor's note on Trump and the Bank of Chinahttps://www.politico.com/news/2020/04/27/politicos-reporting-on-president-trump-and-the-bank-of-china-214107
- Fox News: Politico admits botched Bank of China reporthttps://www.foxnews.com/media/trump-politico-botched-bank-china-report-at-least-they-admit-it
Archived copies
Stories get edited after publication. These open the Internet Archive's earliest saved copy of each original.
- Archived copy: Politico: original Bank of China storyhttps://web.archive.org/web/2/https://www.politico.com/news/2020/04/24/trump-biden-china-debt-205475