A summit amid the US-Iran war... The US applies maximum pressure on China, while China targets US sanctions power
🔴 Tension Rising경향신문2026-05-05
As the United States pressures China to secure cooperation on Iranian crude oil purchases amid ongoing tensions, China has instructed domestic companies to ignore US sanctions, escalating the situation. This move is seen as China's long-term strategy to counter the US's sanctions power, following the ‘no-limits cooperation’ with Russia. The US imposing sanctions on Hengli Group and hinting at secondary sanctions on Chinese banks further intensifies diplomatic tensions between the two countries.