Democratic presidential candidate Joe Biden speaks before boarding his campaign plane at McCarran International Airport in Las Vegas on October 9. A Biden victory in November combined with Democrats taking both houses of Congress could spur more demand for Chinese assets and the renminbi. Photo: AP Democratic presidential candidate Joe Biden speaks before boarding his campaign plane at McCarran International Airport in Las Vegas on October 9. A Biden victory in November combined with Democrats taking both houses of Congress could spur more demand for Chinese assets and the renminbi. Photo: AP
Democratic presidential candidate Joe Biden speaks before boarding his campaign plane at McCarran International Airport in Las Vegas on October 9. A Biden victory in November combined with Democrats taking both houses of Congress could spur more demand for Chinese assets and the renminbi. Photo: AP
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

How Joe Biden beating Donald Trump could add fuel to China’s economic recovery

  • Markets might conclude that Biden’s White House will be less wedded to tariffs, which would be positive for the Chinese economy and its exporters
  • A blue wave could spark renewed US fiscal stimulus that would boost US consumer demand and benefit those countries which sell the most goods to the United States

Democratic presidential candidate Joe Biden speaks before boarding his campaign plane at McCarran International Airport in Las Vegas on October 9. A Biden victory in November combined with Democrats taking both houses of Congress could spur more demand for Chinese assets and the renminbi. Photo: AP Democratic presidential candidate Joe Biden speaks before boarding his campaign plane at McCarran International Airport in Las Vegas on October 9. A Biden victory in November combined with Democrats taking both houses of Congress could spur more demand for Chinese assets and the renminbi. Photo: AP
Democratic presidential candidate Joe Biden speaks before boarding his campaign plane at McCarran International Airport in Las Vegas on October 9. A Biden victory in November combined with Democrats taking both houses of Congress could spur more demand for Chinese assets and the renminbi. Photo: AP
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