International, Politics

Chinese Company Took Millions in U.S. Loans

The Paycheck Protection Program (PPP) was designed to keep companies afloat during the coronavirus lockdowns.

Thousands of companies, small and large, have applied for these loans in the past few months.
s one particular company shouldn’t have been approved for this assistance…

It’s a Chinese real estate company, which received between $4 million and $10 million loans — all the while being investigated by the FBI.

It appears the company chairman is on the hook for possible bribery, among other charges. Read more…

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