The story also carries a correction that reads, “An earlier version of this article reported that President Trump owes tens of millions to the Bank of China stemming from a 2012 real estate deal. Though Bank of China helped finance the deal, it later sold its interest in the loan.”
In other words, there is not much of a story left. But if you think a lengthy editor’s note and a correction will be enough to set the record straight, undoing the damage of the original erroneous report, boy, have you got another thing coming. The original narrative is now canon. Its false core claim is being repeated by presumptive 2020 Democratic nominee Joe Biden.
“And talk about business dealings,” the former vice president said in an interview with a CBS News affiliate, “Look at the business dealings the president has with China. He owes, apparently, millions of dollars to the Bank of China.”
Politico’s reporters could have prevented this if they had held out for more concrete confirmation. But they did not because, apparently, it is more important today to be first than to be correct.