News Snapshot:
Beijing wants to gauge the impact of Russia-style Western pressure on its economy The Chinese government has ordered a comprehensive “stress test” to see how the country would handle sanctions like the ones imposed by the West on Russia, the UK’s Guardian newspaper reported Wednesday, citing sources. An unnamed person with direct knowledge of the matter told the paper that an extensive exercise began around late February and early March when Western allies imposed sweeping sanctions against Moscow. The source said that several key Chinese government agencies had been asked to come up with responses if the West imposed similar...
