The Kushner family real estate company is seeking a $250 million loan to pay back Chinese investors in a New Jersey luxury tower but finding some major U.S. banks wary of the controversies around its White House links and the visa program used to attract the investors.
The Chinese government has announced sanctions against US officials, including the Republican senators Marco Rubio and Ted Cruz, in response to US sanctions over Beijing’s treatment of ethnic and religious minorities in Xinjiang province.
When the sister of President Donald Trump's son-in-law Jared Kushner promoted investment in her family's new skyscraper from a Beijing hotel ballroom stage earlier this month, she was pitching a controversial American visa program that's proven irresistible to tens of thousands of Chinese.
The United States and China will hold a delayed top-level security dialogue on Friday, the latest sign of a thaw in relations, as China's vice president said Beijing was willing to talk with Washington to resolve their bitter trade dispute.
Today, the Bureau of Industry and Security of the Department of Commerce announced that it will add 28 Chinese governmental and commercial organizations to the Entity List for engaging in or enabling activities contrary to the foreign policy interests of the United States.