China Markets politics

Lukewarm Congratulations

Global equities were mixed and Wall Street looked to end a rollercoaster week with gains as the juxtaposition between vaccine optimism and a severe second wave of the virus in western economies pulled markets in both directions. A handful of additional networks called Arizona for Joe Biden, further sealing an already done deal. US election officials released a statement calling the vote "the most secure in American history." In the same statement, they cited "many unfounded claims and opportunities for misinformation" and noted that "there is no evidence that any voting system deleted or lost votes, changed votes, or was in any way compromised." The statement was posted to an official US government website. China finally passed along its congratulations to Biden. "We have been following the reaction on this from both within the United States and from the international community," Foreign Ministry spokesman Wang Wenbin said Friday at a briefing in Beijing. "We respect the American people’s choice and extend congratulations to Mr. Biden and Ms. Harris." His remarks came after Donald Trump signed an executive order banning US investments in Chinese companies owned or operated b
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1 comment on “Lukewarm Congratulations

  1. John Banjo says:

    I still think China had big dreams of a 2nd Trump “administration” as compromised and corrupt fits nicely in their world schema.

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