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$2.6tn could evaporate from global economy in Taiwan emergency - Vimarsana News

$2.6tn could evaporate from global economy in Taiwan emergency

A report on how Western sanctions might impact China sent shock waves through the State Council, China's cabinet, in April. The report, prepared by China's Ministry of Public Security and Ministry of State Security, analyzed what would happen if the U.S., Europe and Japan were to react to a Taiwan emergency by imposing economic sanctions on China, as they did to Russia over that country's invasion of Ukraine.

Source: nikkei.com
President's speech offers roadmap to global stability - Vimarsana News

President's speech offers roadmap to global stability

President Xi Jinping's speech calling on countries around the world to work together to tackle global governance challenges was hailed by international experts as timely and for offering calm and stability at a turbulent time in global politics.