China protests US sanction on Iran that hurts Chinese firms

China said Monday that it had lodged representations with the United States over Washington’s new sanctions list targeting Iran including Chinese companies and individuals.

The sanctions on 25 people and entities imposed on Friday by U.S. President Donald Trump’s administration, and came two days it had put Iran on notice, following a ballistic missile test.

Those affected by the sanctions cannot access the U.S. financial system or deal with U.S. companies, and are subject to secondary sanctions, meaning foreign companies and individuals are prohibited from dealing with them or risk being blacklisted by the U.S.

The list includes two Chinese companies and three Chinese people, only one of whom the U.S. Treasury Department explicitly said was a Chinese citizen, a person called Qin Xianhua.

Chinese Foreign Ministry spokesman Lu Kang said that Beijing had lodged a protest with Washington, and that such sanctions, notably when they harmed the interests of a third party, were not helpful in promoting mutual trust.

“We have consistently opposed any unilateral sanctions,” Lu told a regular press briefing.

Executives of two Chinese companies included on the list said on Sunday they had only exported normal goods to the Middle Eastern country and didn’t consider they had done anything wrong.

China has in the past been angered by what it calls unilateral sanctions placed on Chinese firms by the United States and others in relation to Iran or North Korea’s nuclear ambitions.

China has close economic and diplomatic ties with Tehran, but was also instrumental in pushing through a landmark 2015 deal to curb Iran’s nuclear program.

Source: Reuters

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