Tax records show Trump maintains bank account in China, report claims

The foreign accounts do not show up on Mr Trump’s public financial disclosures, where he must list personal assets, because they are held under corporate names. Picture: AP Photo/Alex Brandon

President Donald Trump spent a decade unsuccessfully pursuing projects in China, operating an office there during his first run for president and forging a partnership with a major government-controlled company, the New York Times has reported.

China is one of only three foreign nations – the others being Britain and Ireland – where Mr Trump maintains a bank account, according to analysis by the newspaper of the president’s tax records.