Barring any legal drama, Joe Biden will be the next US President. What a roller coaster event as the results trickled in over 3 days. That went against my prediction but it's ok. After all, it was more guesswork and some hearsay. I think it's good to restore sanity and reasonableness to a chaotic 4 years of Trump behavior. He wasn't helped by a terrible response to an unfortunate pandemic situation. However, going by the margin of loss and total votes gained, one can conclude Trump didn't actually perform that badly at the polls. It just means US citizens had became more vocal and polarized in their opinions, embodying the divisions of ideals and suffering. Internationally, there were not too many forthcoming congratulations to Biden, most notably from China. To think I heard a Chinese professor proclaim last week that President Xi would be one of the, if not the first to send his warm regards if Biden wins. While the incoming President is a familiar face to Chinese leaders, I think they are as clueless on what to expect. Will there be a total unwind of trade policies or change in tone on security matters?
Hopefully, the immediate priority for both countries would be to restore communication and set a clear direction for all to follow. Certainly, there would continue to have contentious issues such as territorial disputes, cybersecurity, human rights etc. Any form of improvements are welcomed and be a boost to economic mood in such sombre times. I guess it's unlikely either country would want to be seen to concede by making the first visit, perhaps Singapore can showcase its usefulness once again by hosting a global event and inviting both leaders to attend, facilitating a side talk. This will be a long road towards any decent recovery and the 4 years Biden has may not be enough, by then he should be happily retired, wish him all the best.
Tip: Hanagaki Junmai Ginjo
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