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Billionaire Miles Kwok poses at his NYC apartment in November 2017. Photo: Timothy A. Clary / AFP / Getty Images

Drudge tweeted Thursday "LIFE AFTER MERCER! BANNON FINDS NEW BILLIONAIRE, MILES KWOK..."

Background: Miles Kwok, aka Guo Wengui, is a controversial, self-proclaimed billionaire and member of Mar-a-Lago who fled China and has taken up refuge in a Manhattan penthouse while awaiting a decision on his U.S. asylum application.

Beijing has been trying for months to get him back, including, as the Wall Street Journal reported in October, using Steve Wynn as an intermediary to ask Trump to repatriate him.

"President Donald Trump received a letter from the Chinese government, hand-delivered by Steve Wynn, a Las Vegas casino magnate with interests in the Chinese gambling enclave of Macau. Mr. Trump initially expressed interest in helping the Chinese government by deporting Mr. Guo, but other senior officials worked to block any such move, according to people familiar with the matter," WSJ reported.

What's happening now: Kwok was very active on Twitter until suddenly going quiet in late November. Before his Twitter break, he tweeted about several meetings with Steve Bannon, and his pinned tweet shows him with Bannon.

My thought bubble: Drudge provides no further evidence beyond the tweet, but I have been hearing similar things. Given Bannon's apparent issues with donors, Kwok and Bannon's convergent views of the PRC, and their love of the spotlight, this could be an interesting partnership. That is, until it collapses in recrimination, as every partnership eventually seems to do for both men.

Go deeper

Dion Rabouin, author of Markets
13 mins ago - Economy & Business

Miami mayor: Bitcoin's appeal is that governments can't manipulate it

Miami Mayor Francis Suarez is pushing to make bitcoin a part of his city's economic future, and in an interview with "Axios on HBO," he pushed back against the economic orthodoxy of people like Treasury Secretary Janet Yellen who say it's a bad idea.

Why it matters: Miami's inclusion of bitcoin as a way to pay city employees or as part of the city's emergency cash holdings, as Suarez has proposed, would add legitimacy to the cryptocurrency and further entrench it in the U.S. economic system.

Dion Rabouin, author of Markets
14 mins ago - Politics & Policy

Miami mayor acknowledges Big Tech plans could hurt the city's poor

Photo: "Axios on HBO"

Miami Mayor Francis Suarez's ambitions to attract Big Tech has generated a lot of headlines — but it will likely come with some negative impacts for current residents, for which the mayor admits there may not be solutions.

What he's saying: "Gentrification is real," Suarez told "Axios on HBO." But even with his efforts to promote affordable housing, he argues that "government has a limited amount of resources and a limited amount of ability to stop things that are market driven."

Trump's assault on Chinese tech left loose ends galore

Illustration: Sarah Grillo/Axios

President Trump's haphazard war on Chinese tech has left the Biden administration with a raft of unfinished business involving efforts to restrict Chinese firms and products in U.S. markets.

Why it matters: The Chinese and American tech industries are joined at the hip in many ways, and that interdependence has shaped decades of prosperity. But now security concerns and economic rivalries are wrenching them apart.