But Trump himself has taken on debt from China. In 2012, his real estate partner refinanced one of Trump’s most prized New York buildings for almost $1 billion. The debt included $211 million from the state-owned Bank of China, which matures in the middle of what could be Trump’s second term.
Steps from Trump Tower in Manhattan, the 43-story 1290 Avenue of the Americas skyscraper spans an entire city block. Trump owns a
30 percent stake in the property valued at
more than $1 billion, making it one of the priciest addresses in his portfolio, according to his financial disclosures.
The president's financial dealings with the state-owned bank complicate his attacks on Biden.
www.politico.com
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and what happens when you borrow from a bank and do not pay, interest and penalties are added to it.