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Donald Trump reaped US$5.5 million from China and its state entities during presidency: US House report

  • Democrats on oversight committee release findings after multi-year investigation, accusing 2024 Republican front-runner of violating US Constitution
  • Countries from China to Saudi Arabia spent ‘lavishly’ on Trump properties, enriching him while he made foreign policy decisions, report says

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Democratic congressman Jamie Raskin of Maryland, ranking member of the US House oversight committee, speaks at a media briefing in Washington on Thursday about former President Donald Trump’s business ties with foreign governments. Photo: Getty Images via AFP
Bochen Hanin Washington
Businesses tied to former US president Donald Trump accepted over US$5.5 million from China’s government and its state-owned entities during his time in office, according to a congressional Democratic staff report released on Thursday.
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Titled “White House for Sale”, the sweeping 156-page report from the House Committee on Oversight and Accountability named the Chinese embassy in Washington as one of the entities that spent money at a Trump-owned property from 2017 to 2020.
It also named Hainan Airlines, a Chinese state-owned airline, as well as the state-owned Industrial and Commercial Bank of China.

All three entities paid money to Trump-owned buildings, namely Trump Tower in New York and Trump International hotels in Washington, DC and Las Vegas, Nevada.

Republican presidential candidate and former US president Donald Trump attends a campaign event in Waterloo, Iowa, on Dec. 19, 2023. Trump leads polling among current Republican candidates for the nomination. Photo: Reuters
Republican presidential candidate and former US president Donald Trump attends a campaign event in Waterloo, Iowa, on Dec. 19, 2023. Trump leads polling among current Republican candidates for the nomination. Photo: Reuters

China far and away led countries in making such payments, with the total from 20 countries reaching US$7.8 million, according to the report.

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