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Suspicious Timing: China Loans Trump-Related Project $500 Mil Days after Trump Orders Sanctions Lifted on Chinese Telecom Giant

According to a report in the National Review, just 72 hours after Donald Trump ordered his government to reverse sanctions on Chinese telecom giant ZTE, the Chinese government announced it would lend half a billion dollars to a Trump-related project in Indonesia.

The Chinese government is extending a $500 million loan to a state-owned construction company to build an Indonesian theme park that will feature a Trump-branded golf course and hotels…

While the $500 million loan will not be directly allocated to any of the Trump-branded features, Beijing’s contribution of half the project’s total operating budget ensures the success of the broader theme-park venture.

Over the weekend, Trump tweeted out the news that he had ordered the Commerce Department to lift severe sanctions on ZTE because, he said, “Too many jobs in China lost.”

Just last month the Trump administration had accused ZTE of espionage and of doing business with Iran and North Korea.

Trump’s reversal even shocked a Republican.

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