China Condemns US 'Economic D-Day' Sanctions Over Iran Ties
China has denounced the latest US sanctions targeting Chinese entities linked to Iran, vowing to take 'all necessary measures' to defend its interests. On Monday, the United States implemented these sanctions against Iran and its trading partners, introducing restrictions on 60 entities, individuals, and vessels globally, including those in mainland China and Hong Kong. Washington has urged nations with economic ties to Iran to take 'immediate action.' Dubbed 'Economic D-Day' by US officials, the sanctions aim at various activities, particularly the transfer of Iranian oil and petrochemicals. China's foreign ministry criticized the US for its 'unilateral sanctions' and 'long-arm jurisdiction,' calling for a resolution through dialogue and urging the US to 'stop its erroneous actions.' This development heightens tensions between the two leading economies, already strained by trade and technology disputes.
Key facts
- US imposed new sanctions on 60 entities, individuals, and vessels over Iran ties.
- Sanctions include entities in mainland China and Hong Kong.
- China condemned the sanctions and pledged 'all necessary measures' to protect its interests.
- US dubbed the sanctions 'Economic D-Day'.
- Sanctions were launched on Monday.
- US demanded 'immediate action' from nations with economic ties to Iran.
- China criticized US 'unilateral sanctions' and 'long-arm jurisdiction'.
- Sanctions also affect entities in the United Arab Emirates.
Entities
Institutions
- United States
- China
- Iran
- Hong Kong
- United Arab Emirates
Locations
- China
- United States
- Iran
- Hong Kong
- United Arab Emirates