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Beijing Tells Chinese Firms to Ignore US Sanctions on Refiners
China ordered companies in the country not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, in a defiant move aimed at softening the impact of penalties.The refiners — including Hengli Petrochemical (Dalian) Refinery Co. which was sanctioned last month and several other privately-owned processors — had been facing asset freezes and transaction bans.
China's Commerce Ministry Blocks US Sanctions Against Five Refineries
SHANGHAI, May 2 (Reuters) - China's Ministry of Commerce said on Saturday it had issued an injunction to block U.S. sanctions imposed on five Chinese refiners accused of buying ...
Beijing slams US sanctions on Chinese firms, vows countermeasures
The sanctions also targeted a major independent Chinese refinery—often referred to as "teapot" refineries, which are primarily located in China's eastern Shandong province—as well as nearly 40 additional entities. Lin Jian urged Washington to "abandon the wrong practice of abusive sanctions and long-arm jurisdiction," adding that China "will firmly safeguard the lawful rights ...
Beijing Pushes Back As US Sanctions Chinese Oil Refinery Over Iran ...
The latest package, which focuses on measures to stop Russia circumventing earlier sanctions through third countries, places sanctions on six Chinese companies and one individual, as well as tighter export restrictions on dual-used goods from a further 21 entities. Dual-use goods refer to items which can have both civilian and military applications.
