The video has been deleted by Chinese authority due to it revealing information that could harm the network they are operating.
The video depicts Di Dongsheng, a professor and associate dean of the School of International Studies at Renmin University in Beijing.
Professor Di suggests that China has managed to influence American policies for decades through a special undercover network of “old friends” who were at the highest levels of the U.S. government and financial institutions.
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Although Di said he was unable to give specific details without compromising the identities of those involved, he revealed how President Trump's trade war with China caused huge upset over ties that had been nurtured for decades between Washington and Beijing.
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“Trump waged a trade war with us. Why couldn't we handle him? Why is it that between 1992 and 2016 we always resolved issues with the US? Did you guys know?” Di asked the Chinese audience in his 18 minute long presentation.
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“Now, I'm going to drop a bomb: Because we had people up there inside America's core circle of power, we had our old friends,” said Di, noting that he must speak carefully so as not to reveal the identities of those involved.
“In plain and simple language, during the last three to four decades, we used the core circle inside America's real power. Wall Street had a very profound influence over America's domestic and foreign affairs since the 1970s. We used to heavily rely on them.”
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But, the professor said that after president Trump was elected in 2016, “Wall Street couldn't control Trump, because, awkwardly, there was a soft breach of contract between them, which made them hostile to each other.”
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“During the U.S.-China trade war, they tried to help,” My friends in the U.S. told me that they tried to help, but they couldn't.”
Di noted that with Biden in power things will change again in China’s favor. Once Biden is in the White House, Di believes that China will once again be able to reestablish its long-lasting connections.
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“Now with Biden winning the election, the traditional elites, political elites, the establishment, they have a very close relationship with Wall Street,” he said.
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“You all heard that Trump said Biden's son has securities companies all over the world. But who helped Biden's son build his global companies?,”Professor Di asked.
“There are indeed buy-and-sell transactions involved in here, so I think at this particular time, [with Biden winning the election], it is of strategic and tactical value for us to show goodwill to him.”