President Donald Trump is negotiating with China on trade while the Trump Organization is involved in a deal linked to a Chinese developer. A state-owned Chinese construction company, MCC Group, said last Thursday it had formalized plans to develop a theme park in Lido, Indonesia. The company said on Tuesday its licensing deals are separate from the China-backed development of the theme park. "The theme park project is wholly owned by MNC Land and has no relationship to the Trump Organization," the company said in a statement. The Trump Organization has been involved in the Lido project, which is less than 50 miles from Jakarta, since at least 2015.

Source: CNN May 16, 2018 02:13 UTC