This is a genuine image of one of the logos the Biden-Harris ticket has used in their campaign as well as a genuine screenshot (to the right) from a Wikipedia page about the three red banners. In October 2020, messages started to circulate on social media claiming that the three red stripes on Democratic presidential nominee Joe Biden’s logo were a reference to the so-called “three red banners” that outlined the socialist policies of Mao Zedong, the chairman of the Communist Party of China in the 1950s:
Election may be over, but the misinformation keeps on ticking.