That was Trump.
May 14 2018
A mere 72 hours after the Chinese government agreed to put a half-billion dollars into an Indonesian project that will personally enrich
Donald Trump, the president ordered a bailout for a Chinese-government-owned cellphone maker.
“President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast,” Trump
announced on Twitter Sunday morning. “Too many jobs in China lost. Commerce Department has been instructed to get it done!”
Trump did not mention in that tweet or its follow-ups that on Thursday, the developer of a theme park resort outside of Jakarta had signed a deal to receive as much as $500 million in
Chinese government loans, as well as another $500 million from Chinese banks, according to Agence France-Presse.
Trump’s family business, the Trump Organization, has a deal to license the Trump name to the resort, which includes a golf course and hotels.
Trump drops sanctions, gets $1,000,000,000 in Chinese checks.