Saturday, May 12, 2018

Trump ties to China and Indonesia

French language article:
Avec ce mega-projet immobilier en Indonesie Trump est lie à la Chine

This news article from Le Figaro (a French newspaper) says Donald Trump has committed to building a residential complex project in Indonesia, not far from Jakarta and that Chinese business interests will build a theme park there as well.

I thought there was a trade war with China. What happened?


Here are a few select quotes from the article with English translation:

"le groupe public Metallurgical Corporation of China (MCC) a annoncé jeudi la signature d’un contrat avec l’indonésien MNC Land, en vue d’édifier un parc à thème au sein d’un gigantesque projet de complexe près de Jakarta. Coût total de l’investissement: un milliard de dollars (840 millions d’euros)"

English: MCC announced signing a contract with the Indonesian company, MNC Land, relating to a theme park for the giant project near Jakarta. Cost of investment: $1Billion.


"le complexe, baptisé MNC Lido City, comportera des hôtels, des résidences et un terrain de golf qui porteront la marque Trump"

English: The complex, named MNC Lido City, will be comprised of hotels, residences, and a golf course bearing the Trump name.


"Si l’investissement chinois n’est pas directement lié aux projets Trump"

English: The Chinese business interests have avoided a direct tie to the Trump projects, but ...


"des brochures commerciales de MNC Lido City affichent clairement le parc à thème chinois et les résidences Trump comme les vedettes du futur complexe"

the commercial brochures for Lido City say clearly that the Chinese theme park and the Trump residences will be the stars of the future development.


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