Donald Trump Jr. advises against investing in China at Zurich event
During a special event held in Zurich on Thursday, Donald Trump Jr. advised investors against putting their money into China. When questioned about potential investments in the country, he firmly stated, "I wouldn't." He criticized the notion of viewing China as a partner, calling it "foolish." As the executive vice president of the Trump Organization, he voiced strong concerns regarding China’s legal framework, which he perceives as unfavorable for foreign businesses. Trump Jr. further noted the rarity of non-Chinese entities succeeding in legal disputes within the country. His comments surfaced amid ongoing efforts to enhance US-China trade relations.
Key facts
- Donald Trump Jr. warned against investing in China at an invitation-only event in Zurich on Thursday.
- He said 'I wouldn't' when asked if he would invest in China.
- He stated 'I don't think we can pretend they're an ally. That would be, I think, foolish.'
- Trump Jr. is executive vice-president of the Trump Organisation with his brother Eric.
- He criticized the Chinese legal system as tilted against foreign entities.
- He claimed he cannot name a non-Chinese person who won a lawsuit in China.
- The Trump administration has pushed to improve US-China commercial ties.
- Trump Jr. has pursued foreign investments since his father returned to office.
Entities
Institutions
- Trump Organisation
Locations
- Zurich
- Switzerland
- China
- United States