Politics
CCP Insider: China Couldn’t Use Wall Street To Fix Trump, But It Can With Biden
Di asserted that Beijing was unable to fully respond to a “trade war” that President Donald Trump waged because the Republican was invulnerable to influence by Wall Street.
The Chinese government will rely on a “core circle” of “old friends” on Wall Street and in Washington to influence the Biden administration, according to a Chinese academic with ties to the communist regime.
Di Dongsheng, the associate dean of the School of International Relations at Renmin University, offered his predictions about China-U.S. relations in the upcoming administration during a speech in Shanghai on Nov. 28.
Di asserted that Beijing was unable to fully respond to a “trade war” that President Donald Trump waged because the Republican was invulnerable to influence by Wall Street.
“Wall Street had a very profound influence over America’s domestic and foreign affairs since the 1970s. We used to heavily rely on them,” Di said at the event, according to The Washington Times.