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China agrees to boost trade for U.S. agricultural products following Trump-Xi summit
China has agreed to ramp up trade for U.S. agricultural products such as beef and poultry, buying at an annualised rate of $17 billion per year for 2026 and at that level for 2027 and 2028, the White House announced on Sunday (May 17, 2026).…
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Datang Power A Shares Challenge Triple Board Limit with Market Value of Over a Hundred Billion
Datang Power’s A shares have hit the triple board limit, reaching a market value of 102.5 billion yuan, becoming the third among the five major central enterprises in the electric power industry to approach the hundred billion market value.……
Beijing Flip-Flops, Asks Banks To Pause Loans To Sanctioned Refiners Days After Ordering Them To Ignore Sanctions
Over the weekend, we reported that in what some called a “watershed moment”, Beijing ordered Chinese companies not to comply with US sanctions on five domestic refiners linked to the Iranian oil trade, deploying for the first time…
China Orders Refiners to Ignore U.S. Sanctions on Key Iranian Oil Buyers
China Orders Refiners to Ignore U.S. Sanctions on Key Iranian Oil Buyers | OilPrice.com
Alex Kimani
Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
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China defies US sanctions on Iranian oil purchases ahead of Xi summit
China’s Ministry of Commerce blocked sanctions against five refineries accused by the Treasury Department of purchasing Iranian oil on Saturday, according to state media.
The Treasury Department imposed sanctions on the Hengli Petrochemical Refinery o…
Ahead Of Trump-Xi Summit, Beijing Tells Chinese Firms To Ignore U.S. Sanctions On “Teapot” Refineries
President Donald Trump is set to travel to Beijing in mid-May for a summit with Chinese President Xi Jinping, the first U.S. presidential visit to China in eight years, and a meeting already delayed once by the Iran war.…
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China Hits Back At US Sanctions, Activates First-Ever ‘Blocking Order’
In a strong response to rising trade tensions, China’s Commerce Ministry on Saturday announced a new rule that stops Chinese companies from following US sanctions, according to Xinhua.
This decision is meant to protect five biggest Chinese petrochemic…
China rejects US sanctions on refineries over Iran oil links
BEIJING: China will not comply with US sanctions against five firms targeted for purchasing Iranian oil, Beijing’s commerce ministry said on Saturday (May 2).
China is a key customer for Iranian oil, mainly through independent “teapo…
US Imposes Sanctions on 35 Individuals, Entities for Aiding Iran’s Sanctions Evasions
Washington: The U.S. government ratcheted up pressure on Tehran on Tuesday, imposing ?sanctions on 35 entities and individuals for their roles in Iran’s shadow banking sector, and threatened sanctions against banks doing business with Chinese &#…
US threatens to sanction banks that help China buy Iran oil
US Treasury warned financial institutions of secondary sanctions if they support Chinese private refiners buying Iranian oil, adding friction before Trump-Xi talks.
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