A video of a Nov. 28, 2020, conference recently emerged where Di Dongsheng, an academic with close ties to top officials in the Chinese Communist Party, boasts about how for decades the Chinese Communist Party (CCP) infiltrated the U.S. circle of power to manipulate it until Trump was elected president in 2016.
Di, professor and associate dean of the School of International Studies at Renmin University in Beijing, explained in his speech why between 1992 and 2016 the United States and the CCP could resolve any issue in a matter of months. “Is because we have people at the top, at the top of America’s core inner circle of power and influence. We have our old friends,” Di revealed. He added, “To put it bluntly, for the past 30 years, 40 years, we have been utilizing the core power of the United States.”
Di however, marked the difference between what happened before and after Trump was elected president, saying, “As I said before, since 1970, 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. After 2016 Wall Street cannot control Trump.”
“So, during the U.S.-China trade war, they (Wall Street) tried to help us but couldn’t do much,” Di added.
However, the audience expressed astonishment when Di said that now things were going to change. “But now we are seeing Biden was elected. The traditional elite, political elite, the establishment, they are very close to Wall Street, so you see that right?”
China expert Gordon Chan expressed his disapproval, “Di Dongsheng’s comments show the breathtaking arrogance of the Chinese elite, which now has no hesitation about expressing in public its belief that with a President Biden, China will once again control the highest levels in Washington.”
The Biden-Wall Street relationship
During the campaign period, the big banks on Wall Street contributed $74 million to Biden. According to a report, President Trump’s America First vision, which partially eliminated many globalist trade policies such as the H-1B visa program and the Trans-Pacific Partnership, decimated the profits of large corporations that depend on cheap foreign labor.
During the presidential debate, President Trump pointed to Biden’s corruption and asserted himself as the candidate of the people, not the establishment. “You are the one who takes all the money from Wall Street. I don’t take it,” the president said. “You have raised a lot of money, tremendous amounts of money, and every time you raise money, deals are made, Joe.”
Biden’s intricately woven corrupt ties to Beijing were also exposed in Di’s remarks, ties that were denounced in that bombshell story from the New York Post that social media giants censored.
Di said, “But who helped Biden‘s son build his global companies? You understand? There are indeed buy-and-sell transactions involved here. So I think at this particular time [after Biden won the election], it is of strategic and tactical value for us to show goodwill [to Mr. Biden].”