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Trump Team Mulling Plans to Grant China New Iran Sanctions Waiver: Report

The US Department of State is discussing allowing China to import oil from Iran as payment for a Chinese company’s investment in an Iranian oilfield, Politico reported on Wednesday, citing US officials and sources. The Trump Administration is discussing issuing China a waiver to a 2012 US act on Iranian ...

July 4, 2019

World

Existing US Tariffs Must be Removed if Washington Wants Trade Deal with Beijing: China

China’s Commerce Ministry spokesman Gao Feng announced the condition in a regular media briefing on Thursday, almost a week after Chinese President Xi Jinping and his American counterpart, Donald Trump, met on the sidelines of the G20 summit in Osaka, Japan and agreed to re-launch stalled trade negotiations. At the ...

July 4, 2019

World

China Says US Pressure Root Cause of Iran Nuclear Reaction

China says it considers US President Donald Trump’s trademark policy of “maximum pressure” to be the underlying reason for Iran’s retaliatory decision to reduce more of its commitments under a 2015 multilateral nuclear deal, which Washington abandoned last year. “We have emphasized on many previous occasions that the US’s maximum ...

July 3, 2019

World

Chinese foreign ministry spokesman Geng Shuang

China ‘Regrets’ Iran’s Uranium decision, Says US Root of Cause’

China said Tuesday it regrets Iran’s decision to exceed a limit on enriched uranium reserves under a 2015 nuclear deal, but said US “maximum pressure is the root cause” of tensions. “China regrets the measures taken by Iran, but at the same time, we have emphasized on many previous occasions ...

July 2, 2019

World

China Will Continue to Import Iranian Oil: Chinese Official

China said Friday it would continue to import Iranian oil in defiance of US sanctions on the country, a day before US and Chinese leaders are to meet to try to resolve thorny trade disputes. “We reject the unilateral imposition of sanctions,” said Fu Cong, Director General of the Chinese ...

June 28, 2019

World

Russia, China Sign Agreement on Payments in National Currencies in Blow to Dollar: Report

Russia and China signed an intergovernmental agreement to switch to national currencies in mutual payments earlier this month, the Izvestiya newspaper reported on Friday, citing a letter from the Russian Finance Ministry. Russian Finance Minister Anton Siluanov and Chinese People’s Bank Governor Yi Gang signed the agreement on 5 June, ...

June 28, 2019

Middle East

China Defies US Sanctions, Receives Iranian Oil Shipment

An Iranian oil tanker, The Salina, docked at China’s Jinxi Refining and Chemical Complex near Beijing this week, apparently defying US sanctions on Tehran’s exports, reports The Washington Times, citing data it claimed was from TankersTrackers.com. Bourse & Bazaar, the website that tracks economic developments in Iran, reported the shipment ...

June 28, 2019

World

Russia, China Block US Bid to Halt North Korea Fuel Deliveries

Russia and China have blocked a US initiative at the United Nations aimed at halting deliveries of refined oil to North Korea as Washington attempts to keep up economic pressure on Pyongyang, a policy that is blamed for a halt in the diplomatic process between the two sides. Diplomatic sources ...

June 19, 2019

Middle East

Moallem: Terrorism in Idlib Will Be Eliminated, All Illegitimate Foreign Troops Must Pull Out of Syria

Syria’s Deputy Prime Minister, Foreign and Expatriates Minister Walid al-Moallem affirmed that Idlib is a Syrian province and the terrorist organizations in it will be eliminated, underlining the necessity of the withdrawal of all foreign troops which are deployed in Syria illegitimately. Minister al-Moallem’s remarks came during a press conference ...

June 18, 2019

World

China Warns US against Opening Mideast ‘Pandora’s Box’

China on Tuesday warned against opening a “Pandora’s box” in the Middle East after the United States announced the deployment of 1,000 additional troops to the region amid escalating tensions with Iran. Foreign Minister Wang Yi also urged Tehran to not abandon the nuclear agreement “so easily” after Iran said ...

June 18, 2019