China considers lifting Taiwan TV, import bans after KMT visit
Xi Jinping Meeting with Cheng Li-wun
China has shown willingness to lift Taiwanese TV and import restrictions following a KMT visit, and the Polymarket contract on Xi Jinping meeting Cheng Li-wun by June 30 sits at
The move is part of China’s diplomatic outreach to Taiwan’s opposition KMT, bypassing the ruling DPP. The June 30 market climbed from 98% a week ago to its current ceiling. Traders treat the meeting as virtually certain, given Cheng Li-wun’s ongoing “peace tour” in China.
Trading volume is at $97,802 in daily USDC exchanged, showing strong conviction. The negligible gap between face value and actual USDC points to consistent, genuine interest rather than speculative churn. The largest price move in the past 24 hours was a 1-point uptick, confirming stable expectations.
China’s willingness to engage with the KMT while freezing out the DPP could reshape Taiwan’s political dynamics ahead of the 2028 elections. At 100¢, a YES share pays $1, a
Macro, rates, and crypto—what moved markets and what matters next.
Daily. Free. Join 34,000+ readers across crypto, finance, and policy.
Watch for official announcements from China’s Taiwan Affairs Office or changes to Cheng’s itinerary. A confirmed meeting date would lock in current pricing.