Chinese officials are looking at ways to defend the country from economic attack if the West should look to sanction in the same way it did — stoking fears the nation is preparing for an invasion of .China's regulators held an emergency meeting on April 22 between officials from China’s central bank, the finance ministry, domestic banks operating within China, and international lenders such as .The West's harsh economic sanctions on Russia prompted the emergency meeting, with the Ministry of Finance stating that President Xi’s administration had been put on alert by the surprise dollar freeze.
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