Indonesian Firm Cancels Chinese Loan for Its Trump Project

U.S. President Donald Trump's son and his Indonesian business partner say a theme park that also features a Trump hotel and condos will no longer have Chinese financing.Donald Trump Jr. said Tuesday at a news conference in Jakarta that his father is not involved in Trump-branded resorts in West Java and Bali.In a move that alarmed Trump critics, MNC Land, the Indonesian company that is developing the theme park owned by billionaire Hary Tanoesoedibjo, said in May that it has hired a subsidiary of Chinese state-owned Metallurgical Corp. to build...

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Published By: VOA Africa - Tuesday, 13 August

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