The CCP couldn’t control President Donald Trump via Wall Street, but it can control Biden and the CCP is now opening up its financial markets to “show goodwill” to Biden. The CCP also wants foreign players to cultivate the CCP’s own “tree” in its own backyard by investing in China under China’s rules and regulations. The CCP was able to easily fix every problem with the U.S. before 2016. How? Because the CCP has its own people at the top of America’s core inner circle of power and influence.
These were some of the main points made by Di Dongsheng, Vice Dean of the School of International Relations, Renmin University of China, Vice Director and Secretary of the Center for Foreign Strategic Studies of China on November 28, 2020 in Shanghai, China.
The theme of the event was “Will China’s Opening up of its Financial Sector Attract Wall Street Wolf?
Zhang Zhizhen, Former President of the Asian Development Bank and former Director of the International Department of the Central Bank of the Communist Party of China, Ding Yifan, Deputy Director of the World Development Institute of the Development Research Center of the State Council of China, and Yao Yang, President of the National Development Research Institute of Peking University, also participated in this event.
Beginning at 9:31 listen to what the speaker has to say regarding President Trump and Joe Biden.
(9:31-10:48) Okay, so in fact, that is to say, to put it bluntly for the past for the past 30, 40 years, we have been utilizing the core power of the Untitled States. As I said before, since the 1970s, Wall Street had a very strong influence on the domestic and foreign affairs of the United States, so we had a channel to rely on. But the problem is that after 2008, the status of Wall Street has declined and more importantly, after 2016, Wall Street can’t fix Trump. Why? It’s very akward. Trump had a previous soft default issue with Wall Street, so there was a conflict between them but I won’t go into details, I may not have enough time. So during the US-China trade war, they (Wall Street) tried to help and I know that, my friends on the U.S. side told me that they tried to help, but they couldn’t do much. But now we’re seeing Biden was elected, the traditional elite, the political elite, the establishment, they’re very close to Wall Street, so you see that, right? Trump has been saying that Biden’s son has some sort of global foundation. Have you noticed that? Who helped him (Biden’s son) build the foundations? Got it? There are a lot of deals in all these.