An access-peddling Chinese businesswoman just bought a penthouse from Trump …

Source: Washington Examiner | March 3, 2017 | Timothy P. Carney

An access-peddling Chinese businesswoman just bought a penthouse from Trump for $15 million

The largest bank in the world is a state-owned Chinese bank, and that bank is a tenant at Trump Tower. This presents a serious conflict of interest I argued in November, and the Washington Examiner has editorialized repeatedly that Trump needs to divest his real estate holdings.

And if you thought more conflicts wouldn’t arise, you need to check out the newest buyer at Trump Park Avenue.

New York City property records show Trump Park Avenue LLC (which Trump still owns, but no longer manages) in February sold a penthouse condo for $15.9 million to a Chinese businesswoman named Xiao Yan Chen. The property went under contract Dec. 14, and the deal closed Feb. 21.

….

There’s still this uncomfortable basic fact: A Chinese businesswoman whose business is peddling access just paid the president of the United States nearly $16 million.

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