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World Socialist Website, 25 January 2017
Trump threats on South China Sea heighten risk of nuclear war
Just days after taking office, the Trump administration has set course
for a conflict with China over the South China Sea that threatens
military clashes and war.
---
NY Times, Mar. 14 2017
Kushners, Trump In-Laws, Near $400 Million Deal with Chinese Firm
By CHARLES V. BAGLI and MICHAEL FORSYTHE
666 Fifth Avenue in Manhattan, whose owner, the Kushner Companies, is
negotiating a $400 million sale of its stake to the Chinese company
Anbang Insurance Group. Credit Pablo Enriquez for The New York Times
A New York real estate company owned by the family of President Donald
J. Trump’s son-in-law is negotiating to sell a $400 million stake in its
Fifth Avenue flagship skyscraper to a Chinese insurance company with
ties to leading families of the Communist Party.
The Chinese company, Anbang Insurance Group, would pay to get a
high-profile piece of Manhattan real estate, and would commit to
spending billions more to completely transform the 60-year-old tower
into a chic condominium and retail citadel.
If signed, the deal would mark the financial marriage of two politically
powerful families in the world’s two biggest economies, but it also
presents the possibility of glaring conflicts of interest. The Kushner
family, owners of the tower, would reap a large financial windfall
courtesy of a Chinese company, even as Jared Kushner, a senior adviser
to Mr. Trump as well as his son-in-law, helps oversee American foreign
policy.
(snip)
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