China defies US sanctions over Iranian oil using ‘blocking rule’ ahead of Trump-Xi summit
China has stepped up its resistance to the US sanctions over Iranian oil ahead of President Trump’s highly anticipated visit to Beijing planned for May 14-15.
In a recent move of resistance, China’s Commerce Ministry not only instructed companies not to comply with US’ blacklisting of several Chinese refineries over import of Iranian oil, but also invoked “blocking rule” for........
