China could launch an invasion of Taiwan at any time,” the statement said. Beijing has ordered a comprehensive “stress test” in the country’s banking and financial sector to study the “impending effects” of US sanctions.
Beijing takes it for granted that it will be sanctioned by the West and is trying to minimize losses. As it turns out, Britain and the US have long been aware of this and the recent Extraordinary Taiwan Summit.
According to information, the American intelligence services informed that from now on “China can launch an operation against Taiwan at any time until the end of Xi Jinping’s term”.
As WarNews247 has revealed, Chinese regulators have held an emergency meeting with domestic and foreign banks to discuss how they could protect the country’s assets abroad from US sanctions similar to those imposed on Russia for invading Ukraine. .
Beijing has ordered a “stress test” due to sanctions
Beijing is reportedly worried about sweeping Russian-style sanctions from the West and has ordered a comprehensive “stress test” to look into the effects of a similar scenario on the country’s economy.
According to a person with direct knowledge of the issue, an extensive exercise began around the end of February and the beginning of March, when the Western allies imposed unprecedented sanctions against Moscow.
Several key Chinese government agencies – from the banking sector to international trade – have been called upon to find solutions in the event that the West imposes the same embargo on China.
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