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Chinese Yuan Rallies to 28 Month High on Prospect of Biden Win ... Trump supporters fear Biden will be compromised by Communist dictatorship.
https://summit.news ^ | Published 1 min ago on 6 November, 2020 | Paul Joseph Watson

Posted on 11/06/2020 8:47:19 AM PST by Red Badger

Xinhua News Agency/Getty Images

2 Comments

The Chinese yuan has rallied to a 28-month high on the prospect of a Joe Biden win, exacerbating the concerns of Trump supporters that a Biden administration will be compromised by the Communist state.

The yuan saw wild swings on election night, with the dollar initially falling on expectations of a Biden win but then surging back as it looked like Trump would win re-election.

However, by the end of the night, after thousands of mail-in ballots in several swing states suddenly dropped for Biden, the yuan had begun to recover ground.

In the 48 hours that followed, with a Biden win looking increasingly likely, the Chinese currency rallied to a 28 month high and analysts now see it rising even further.

DBS strategist Chang Wei Liang sees a Biden presidency as securing “less antagonistic U.S.-China trade relations and a rally in Chinese assets.”

BREAKING – #China's yuan has skyrocketed in the last 12 hours as a Biden victory is priced in. pic.twitter.com/GAWOcbxOyA

— Disclose.tv 🚨 (@disclosetv) November 6, 2020

However, Trump supporters see a greater existential threat to America’s number one superpower status, asserting that Biden is in bed so deep with Beijing that he could put U.S. interests at risk.

Late last month, Hunter Biden’s former business partner Tony Bobulinski claimed that Biden’s son had received $5 million from Chinese partners for a Chinese-backed infrastructure project and that the former Vice President was in on the deal.

This led Republican Congressman Dan Crenshaw to warn that, “There’s a possibility that Joe Biden is actually compromised by the Chinese Communist Party.”

“The American people deserve to know this,” he added. “We’re about to have an election and potentially elect a president that’s compromised by the Chinese Communist Party because this energy company has direct ties to the Communist Party.”

Whatever the truth of Biden’s involvement with his son’s dodgy dealings, it seems clear that one person who will be celebrating a Biden presidency will be Chinese dictator Xi Jinping.


TOPICS: Business/Economy; Foreign Affairs; Government; Politics/Elections
KEYWORDS:
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Headline tells you ALL YOU NEED TO KNOW......................
1 posted on 11/06/2020 8:47:19 AM PST by Red Badger
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To: Red Badger

Looks like Biden won the votes in Beijing.


2 posted on 11/06/2020 8:48:22 AM PST by MeganC (There is nothing feminine about feminism.)
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To: Red Badger

Will be?

Is.


3 posted on 11/06/2020 8:48:35 AM PST by Eddie01 (V)
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To: Red Badger

And how many people will justify buying ‘made in china’ because: ‘black friday’?


4 posted on 11/06/2020 8:50:23 AM PST by Black Agnes (1)
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To: Red Badger

Of course he’s compromised. He’ll destroy the economy and enrich his filthy fan
Mily.


5 posted on 11/06/2020 8:50:24 AM PST by mimaw
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To: Red Badger

He’s China’s biggest Butt Boi

He and Hunter can do bathhouse threesomes and more


6 posted on 11/06/2020 8:50:45 AM PST by A_Former_Democrat ( TAG PedoJoe w/ DEFUND the POLICE OPEN BORDERS CORRUPTION DUNKIN/7-11)
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To: Red Badger

“Fear” ?? No, we “Know”.


7 posted on 11/06/2020 8:51:42 AM PST by BBQToadRibs
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To: Red Badger

American election, like everything else, Made In China.


8 posted on 11/06/2020 8:51:45 AM PST by RckyRaCoCo (Please Pray For My Brother Ken)
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To: Red Badger

Sickening, just sickening. As another poster said on another thread, they are fishing at the mouth to get back to business as usual. The china-globalist agenda is getting ready to continue moving forward.


9 posted on 11/06/2020 8:52:03 AM PST by Mr Fuji
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To: Red Badger

Hunter Biden’s future business prospects are looking good again.


10 posted on 11/06/2020 8:52:49 AM PST by Oshkalaboomboom
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To: Red Badger

Yep. And remember just a few days ago — when it looked like Pres. Trump was on track to win reelection — the yuan plunged.


11 posted on 11/06/2020 8:53:20 AM PST by Blurb2350
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To: Red Badger

I can’t look at that POS Xi.

He needs a rod from God right up his a$$.

Hit him Trump, hit him hard, then hit him again.


12 posted on 11/06/2020 8:53:25 AM PST by Eddie01 (V)
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To: Red Badger

Biden IS compromised.

Not will be, IS.


13 posted on 11/06/2020 8:54:05 AM PST by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents|Know Islam, No Peace-No Islam, Know Peace)
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To: Eddie01

The whole of Washington-other than Trump is already compromised.

they received there marching orders to get everybody in line


14 posted on 11/06/2020 8:54:12 AM PST by mo ("If you understand, no explanation is needed; if you don't understand, no explanation is possible)
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To: Red Badger

If we hold the senate the first hearings should be to
Follow the China money. Biden, pelosi, the media are
All puppets of China.

We are Singapore now.

Next comes false flag gun massacres to justify
Gun confiscations.

Then comes full feudalism to
China. Just watch how fast Taiwan is taken over
Without a word from Biden or anyone else.


15 posted on 11/06/2020 8:54:17 AM PST by jonose (however the)
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To: Mr Fuji

Disgusting what will soon happen if Comrade Joe is certified as President.

“Is Big Happiness For China Friendship Dem Wing People’s Victory Over Imperialist Tyrant Trump.” (translated loosely)/s
News headline read during a lunch of live bats and mice in Wuhan outdoor restaurant.


16 posted on 11/06/2020 8:56:14 AM PST by frank ballenger (End vote fraud harvesting,non-citizen voting & leftist media news censorship or we are finished.)
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To: Red Badger

Money..$$$$..money..$$$$$$$$..money..... makes Joe biden’s and hunter Bowden’s world go round..


17 posted on 11/06/2020 9:00:47 AM PST by frnewsjunkie
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To: All
BREAKING

<><> China's yuan has skyrocketed in the last 12 hours as a Biden victory is priced in.

<><> now Trump supporters see a greater existential threat to America’s superpower status.

<><> Biden is in bed so deep with Beijing that he could put US interests at risk.

<><> Hunter Biden’s ex-partner claimed Hunter pocketed $5M in a Chinese-backed infrastructure project, and then-VP Biden was in on the deal.

<><> Cong Dan Crenshaw (Repub) warned of "the possibility that Joe Biden is compromised by the CCP."

=========================================

Remember the conniving Democrats used COVID TO JUSTIFY 'MAIL-IN' VOTING FRAUD........

Were Democrats colluding with China to interfere in US elections? Might need a S/P for that.

China is desperate to have Biden as president.....shockingly a CCP newspaper even endorsed him.

CHINA GAVE US COVID TO UNDERMINE TRUMP, SO IT IS NOT UNREASONABLE TO BELIEVE
CHINA ENGAGED IN MASSIVE COUNTERFEIT BALLOT INFESTATION OF THE US ELECTORAL SYSTEMS.

One insider speculated the distribution point for fake Chinese ballots (probably
mfg in China for Biden) was traced to the Chinese consulate in Houston, Texas.

18 posted on 11/06/2020 9:01:58 AM PST by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: frnewsjunkie

Biden.. this keyboard wants to spell and pick words.. on the sly.. after I finish.


19 posted on 11/06/2020 9:03:02 AM PST by frnewsjunkie
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To: Red Badger

The Dems probably colluded with the Chicoms to inflict the corona virus on us. Without the corona virus, there would be no mail in ballots.


20 posted on 11/06/2020 9:04:24 AM PST by Daveinyork
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