The fact that Chinese officials held the meeting is a clear indication that Beijing is planning belligerent acts. “The officials and attendees did not mention specific scenarios, but one possible trigger for such sanctions is thought to be a Chinese invasion of Taiwan,” the FT noted. The holding of the “emergency meeting,” reported by the Financial Times, is ominous. On April 22, officials from the finance ministry and central bank met with representatives of dozens of banks, including HSBC, to discuss what Beijing could do in the event of the imposition of punitive measures on China. Moreover, the central government is trying to sanctions-proof itself. The directive, issued soon after the imposition of sanctions on Russian officials for the “special military operation” in Ukraine, appears designed to sanction-proof Chinese officials. Moreover, such officials and immediate families are not, except in limited circumstances, allowed to open accounts overseas with financial institutions. The ban also appears to apply to such officials themselves as there are reports of their selling foreign assets. In March, its Central Organization Department issued an internal directive prohibiting the spouses and children of ministerial-level officials from owning foreign real estate or shares registered offshore. The Party, as it readies itself for combat, is leaving nothing to chance. RECOMMENDED: 5 Best Guns for Self DefenseĪs Fisher told 19FortyFive this month, “For the past 40 years, China’s Communist Party has been preparing for brutal war, and now the ruling organization is accelerating its plans.” RECOMMENDED: AOC Wants Biden to Cancel ALL Student Loan Debt “All national organizations, armed forces, political parties, civil groups, enterprises, social organizations, and other organizations should support and take part in the development of national defense, fulfill national defense duties, and carry out national defense missions according to the law.” “The revised National Defense Law also embodies the concept that everyone should be involved in national defense,” reports the Communist Party’s Global Times, summarizing the words of an unnamed CMC official. The amendments, Fisher tells us, “point to China’s ambition to achieve ‘whole nation’ levels of military mobilization to fight wars and give the CMC formal power to control the future Chinese capabilities for global military intervention.”

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