Business News

CCTV Script 28/11/16

This is the script of CNBC's news report for China's CCTV on November 28, Monday.

Welcome to CNBC Business Daily, I'm Qian Chen.

President-elect Donald Trump denounced the effort to recount votes in 3 states as a "scam" engineered by Green Party candidate Jill Stein, calling on voters to accept the election's results, which he insisted would not be changed by new ballot counts.

Jill Stein, presidential candidate of the Green Party, has raised enough money to request recounts in the swing states of Wisconsin and Pennsylvania, her campaign website announced Friday morning.

While no specific evidence of fraud or irregularity has been cited, the campaign has highlighted reported hacks into voter and party databases.

Prominent cybersecurity experts have recently said that although the chances of the election results being tampered with are slim, a recount would be the best way to ensure that results are valid.

Given that Mr Trump finished with 306 electoral votes and Ms Clinton ended on 232, theoretically if all three states actually conduct a recount and the votes in those three states swing from Mr Trump to Ms Clinton, then the US could have a new president.

Trump beat Clinton in Pennsylvania by 70,010 votes, in Michigan by 10,704 votes and in Wisconsin by 27,257 votes.

The campaign initially asked for $2.5 million but has now raised $4.6 million in the last two days.

On Saturday, the campaign of Democratic contender Hillary Clinton said it would back Stein's efforts to take a fresh look at voting results in Wisconsin, a crucial swing state that narrowly backed Trump over Clinton, as well as in Michigan and Pennsylvania. Stein has been raising millions for more than a week-more than she did for her entire campaign, in fact.

Earlier last week, speculation that electronic voting may have been tampered with in key states stoked new calls from Clinton backers for her to contest the election results.

A few have even called for electoral college voters to 'vote their conscience' by tipping their votes to Clinton.

The chance of overturning the result of the election is considered very slim, even if all three states go along with the recount.

Unlike the hotly contested 2000 presidential race, where the result of the George W. Bush vs. Al Gore contest hinged solely on Florida's electoral college votes,

Trump won most of the swing states in play, albeit by narrow margins, and also holds a commanding electoral college lead.

The Clinton team had been quiet about Stein's crusade, but campaign lawyer Marc Elias said that because a recount was set into motion Friday - and could begin as soon as next week - they want to see a "fair" process for all involved.

CNBC Qian Chen, reporting from Singapore.

Follow CNBC International on Twitter and Facebook.