China Urges US to Stop Abusing Sanctions on Chinese Marine Terminal Operator
Chinese Embassy Spokesperson Liu Pengyu says Beijing will firmly safeguard lawful rights and interests of Chinese companies after US sanctions over alleged Iranian oil imports
Quick Look
- China has called on the United States to stop abusing sanctions that lack basis in international law, following US restrictions imposed on Qindao Haiye Oil Terminal Co.
- The Chinese Embassy Spokesperson Liu Pengyu stated that Beijing opposes unilateral sanctions and long-arm jurisdiction, emphasizing that normal economic and trade cooperation between Chinese companies and other countries should not be interfered with.
- The US State Department announced sanctions against the Chinese marine terminal operator and its president, alleging the company imported tens of millions of barrels of sanctioned Iranian crude oil.
AI-generated summary
Why It Matters
The US has been imposing sanctions on various entities as part of its maximum pressure campaign against Iran. This latest action targets a Chinese company, potentially complicating US-China relations which are already strained over multiple issues including trade and technology.
WASHINGTON, May 2. /TASS/. China has called on the United States to stop abusing sanctions that are not supported by international law, Chinese Embassy Spokesperson Liu Pengyu told TASS on Friday, commenting on US restrictions imposed on the operator of a Chinese marine terminal over imports of Iranian oil. "China opposes unilateral sanctions and long-arm jurisdiction that have no basis in international law. Normal economic and trade cooperation between Chinese companies and other countries should not be interfered with or undermined," he said. "We urge the US side to stop abusing sanctions, and will firmly safeguard the lawful rights and interests of Chinese companies," Liu Pengyu emphasized. Earlier on Friday, the US State Department announced sanctions against Qindao Haiye Oil Terminal Co. and its president. According to the department, the company "imported tens of millions of barrels of sanctioned Iranian crude oil," allegedly allowing Tehran to receive "billions of dollars."
What to Watch
AI outlook — possibilities, not facts
China may impose retaliatory measures or issue formal diplomatic protest
Likely · Within weeks
This incident could complicate ongoing US-China trade negotiations
Likely · Within months
Open Questions
- What specific evidence did the US provide to support its claim that Qindao Haiye Oil Terminal imported Iranian oil?
- How will China respond with concrete measures to protect its companies?
