China sends mixed signals on US sanctions ahead of Trump-Xi meeting
🟡 NeutralCrypto Briefing2026-05-13
China deployed its Anti-Sanctions Law against the US ahead of the Trump-Xi meeting, but simultaneously halted new lending to sanctioned refiners, sending mixed signals. This is widely interpreted as a strategic maneuver for the summit, suggesting both sides are posturing rather than preparing for genuine economic warfare. The sanctioned refiners face a difficult dilemma, navigating legal risks associated with complying with either government's directives.