I Prayed have prayed
Father, we pray that You would give China's leaders wisdom as they implement this new rule. We pray that this step to guard against sanctions would be be followed by something drastic or harmful to the world.

China’s Communist Party will withhold promotions from members with assets or family offshore and in the west. This decision was made to guard China against the sanctions levied against Russia earlier this year.

From The Wall Street Journal. China’s Communist Party will block promotions for senior cadres whose spouses or children hold significant assets abroad, people familiar with the matter said, as Beijing seeks to insulate its top officials from the types of sanctions now being directed at Russia.

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The ban, outlined in an internal notice by the party’s powerful Central Organization Department, could play a role in Chinese leader Xi Jinping’s efforts to increase his influence at a twice-a-decade leadership shuffle scheduled for later this year.

Issued in March, the directive prohibits spouses and children of ministerial-level officials from holding—directly or indirectly—any real estate abroad or shares in entities registered overseas, the people said.

Senior officials and members of their immediate families would also be barred from setting up accounts with overseas financial institutions unless they have legitimate reasons for doing so—such as study or work—the people said….

The directive came as Mr. Xi seeks to minimize geopolitical risks for the Communist Party amid concerns that officials with overseas financial exposure could become a liability if the U.S. and other Western powers impose sanctions against Chinese leaders and their relatives, similar to what was done against Moscow following Russia’s invasion of Ukraine, the people said….

Officials must sign pledges declaring compliance with the new rules, a requirement that would give Mr. Xi more leverage over the political elite ahead of the party’s 20th national congress, which is set to take place late this year….

China’s mounting tensions with the West have fueled concerns that any financial exposure that senior Chinese officials have overseas could be used as leverage against Beijing, particularly after seeing how the U.S. and European governments unleashed far-reaching sanctions against Russia after its Ukraine invasion, some of the people said….

The U.S. has imposed sanctions on a number of Chinese officials in recent years, including freezing any U.S.-based assets they may control, citing their alleged roles in directing rights abuses in the northwestern region of Xinjiang and suppressing civil liberties in Hong Kong. Targets included two members of the party’s 25-member Politburo, specifically Wang Chen, a senior official in China’s legislature, and Chen Quanguo, the Xinjiang party chief from 2016 to 2021.

In April, U.S. Deputy Secretary of State Wendy Sherman said she hoped Beijing “takes the right lessons out of the Russia-Ukraine crisis,” suggesting that the West would impose heavy sanctions on China should it use military force against the democratically self-governed island of Taiwan, which Beijing claims as its territory. Chinese Vice Foreign Minister Le Yucheng insisted that “China won’t be scared” by the threat of sanctions similar to those applied against Russia….

What do you think of the CCP’s new policy? Share your thoughts and prayers in the comments.

(Excerpt from The Wall Street Journal. Photo Credit: Yan Ke on Unsplash)

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Anonymous
May 23, 2022

Lord God, thwart these evil plans that are commencing TODAY. Do not let the power that has been misused via the pandemic continue to be perpetrated. We pray that increased vaccine mandates will not stand. Do not let Biden cede United States health authority to the World Health Organization. Make all ratified, freedom-stealing amendments and treaties, worldwide, become null and void. We pray that all global health magnates would not have consensus in plans they may seek to make. Let all other related, and unrelated, plans harmful to sovereignty and freedom fall apart, fruitless. Annihilate the World Health Organization’s ratified Pandemic Treaty. Preserve our freedoms, worldwide. Destroy the New World Order and the Great Reset

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Allena Jordan
May 23, 2022

Is China prepping for an invasion and takeover of Taiwan?
Father, Lord of all nations, nothing is hidden from You. Set the Chinese people free from tyranny and godlessness. Take them out of this darkness, and deliver into the wonderful and glorious light of the Kingdom of Thy dear Son, Jesus. Thank You, Father. Amen.

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