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  • =?UTF-8?Q?Beijing_orders_=E2=80=98stress_test=E2=80=99_as_fears_of_Russ

    From ltlee1@21:1/5 to All on Thu May 5 05:41:47 2022
    https://www.theguardian.com/world/2022/may/04/beijing-orders-stress-test-as-fears-of-russia-style-sanctions-mount

    "Concerned about sweeping Russia-style sanctions from the west, Beijing has ordered a comprehensive “stress test” to study the implications of a similar scenario for its economy, the Guardian has learned.

    According to a person with direct knowledge of the matter, an extensive exercise began around late February and early March when western allies imposed unprecedented sanctions against Moscow. Several key Chinese government agencies – from banking
    regulation to international trade – have been asked to come up with responses if the west imposed the same embargos on to China.

    “Those involved in this exercise use how Russia was treated as a baseline for China’s own policy response should it be treated in a same fashion by the west,” the person added. “This stress test involves a range of methodology, including
    modelling.”"

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From stoney@21:1/5 to All on Thu May 5 10:22:31 2022
    On Thursday, May 5, 2022 at 8:41:48 PM UTC+8, ltlee1 wrote:
    https://www.theguardian.com/world/2022/may/04/beijing-orders-stress-test-as-fears-of-russia-style-sanctions-mount

    "Concerned about sweeping Russia-style sanctions from the west, Beijing has ordered a comprehensive “stress test” to study the implications of a similar scenario for its economy, the Guardian has learned.

    According to a person with direct knowledge of the matter, an extensive exercise began around late February and early March when western allies imposed unprecedented sanctions against Moscow. Several key Chinese government agencies – from banking
    regulation to international trade – have been asked to come up with responses if the west imposed the same embargos on to China.

    “Those involved in this exercise use how Russia was treated as a baseline for China’s own policy response should it be treated in a same fashion by the west,” the person added. “This stress test involves a range of methodology, including
    modelling.”"

    That should have been part of the country's annual way of review and evaluating of the environmental risks posed to the country. Most countries would have a team to check and monitor the changing risk at all. An AI would easily solve the scenario problem.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)