Business News

CCTV Script 04/11/16

This is the script of CNBC's news report for China's CCTV on November 4, Friday.

Welcome to CNBC Business Daily, I'm Qian Chen.

We talked about how the two US presidential candidates spend the money yesterday, but now you may wonder, where did all the money come from? Who are the big donors behind the election?

Now, let's tak a look at the breakdown.

Category-wise, there are three ways to raise money.

As of Oct 19, the Hillary's campaign team has raised a total of 1.3 billion USD, including 556 million USD from her campaign, 544.4 million from party and joint fundraising committees, and 188 million USD from Super PACs.

For Trump, apparently attracted far less money from donors - 248.3 million USD from his campaign, 486.7 million USD from party and joint fundraising committees and 60.1 million USD.

Surging super PAC spending by the rich shows how the wealthiest Americans are exploiting looser campaign finance laws to expand their political power.

Who are the big donors for Super PACs? Let's break down the money by industries.

As you can see, the top 5 donors are from -

RANK INDUSTRY TOTAL

1 Retired $19,540,406

2 Real Estate $2,521,199

3 Misc Business $2,232,157

4 Health Professionals $1,696,622

5 Misc Finance $946,486

Trump has faced a significant fundraising deficit compared with his Democratic rival Hillary Clinton.

For Hillary Clinton, here's what we got -

RANK INDUSTRY TOTAL

1 Securities & Investment $78,102,505

2 Retired $60,785,273

3 Lawyers/Law Firms $36,416,035

4 TV/Movies/Music $21,962,280

5 Non-Profit Institutions $21,118,930

Wall Street, Hollywood, law firms and several silicon valley giants are backing the Clinton, while real estate, health professionals and retired individuals are important source of Trump's compaign funding.

CNBC Qian Chen, reporting from Singapore.

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