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Xi Jinping met with Taiwan’s opposition leader Cheng Li-wun, resolving the Polymarket question at
Market reaction
Trade volume on this market hit $97,802 in USDC traded daily. This is the first high-level interaction between Chinese and Taiwanese leaders in over a decade. The June 30 market has fully resolved with 81 days left until expiration, with complete consensus among traders.
Why it matters
Xi’s meeting with Cheng is being read as an economic inducement strategy by China. Xi’s offer of trade deals appears aimed at bypassing the ruling Democratic Progressive Party’s resistance to closer ties with Beijing. The KMT’s favorable stance towards China makes this a calculated move to shape cross-strait relations through economic channels rather than military pressure.
For traders, the meeting’s confirmation at 100% removes uncertainty around this specific contract. A YES share had already been trading at near certainty for days before resolution.
What to watch
Traders should monitor statements from Taiwan’s President Lai Ching-te and any further economic propositions from China. Either could affect related markets on cross-strait relations.
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