Dan Celia: China is Elated at the Prospect of a Biden Presidency

PHILADELPHIA—Nationally syndicated host and biblical investing authority Dan Celia discusses how other countries are responding to a possible Democratic presidency.

“Markets this morning are reacting in a positive way to the notion that a vaccine could be just around the corner and an announcement by Pfizer indicating that their experimental COVID-19 vaccine is more than 90 percent effective. This brings a considerable amount of relief to the markets as they look ahead to 2021.

“Chinese state media struck an optimistic tone on Monday in editorials reacting to Democrat Joe Biden’s hope of a win, saying relations could be restored and could start with trade. China is likely dancing in the streets due to the that fact that a Biden Presidency would allow them to buy back America. I suspect that this will bring a sigh of relief to North Korea and Iran as well as Russia, who will hope to cut some deals with Biden in reference to the Ukraine as well as others. I expect that there is an enormous amount of stress in areas like Poland and the Ukraine about a Biden presidency.”   

Celia discusses these and other global and economic headlines on his daily, three-hour Financial Issues program, heard on more than 660 radio stations and several television networks nationwide, including FISM.TV, viewed on several post-cable television platforms and online.

Read more about Celia, FISM and “Financial Issues” or visit the FISM website, its Facebook page, on YouTube at Financial Issues with Dan Celia or on Twitter @financialissues; download the FISM app here.

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To book Financial Issues Stewardship Ministries’ Dan Celia, contact [email protected] or Beth Harrison, 610.584.1096, ext. 105, or Deborah Hamilton, ext. 102.

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