Xi Signals Defiance as U.S. Threatens Sanctions for Iran Support
While Xi won’t cut ties with Tehran, Beijing could decide to further reduce purchases of Iranian oil or keep income from such transactions locked in Chinese banks.
China's government has signaled its defiance towards the United States' potential sanctions over its economic ties with Iran. In response to the U.S.'s sanctioning of numerous Chinese entities and the threat to target a "major financial institution," Beijing expressed that its relationship with Iran should not be disrupted or undermined.
Foreign Ministry spokesperson Lin Jian revealed that China will employ all necessary measures to protect its interests. This response highlights the potential for a new confrontation between the world's two most powerful nations, as the U.S. escalates its economic pressure on Iran in hopes of achieving a favorable deal.
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- Xi signals defiance as U.S. threatens sanctions for Iran support japantimes.co.jp