US sanctions nine Chinese and Hong Kong entities over alleged Iran military links
The US Treasury announced sanctions on nine companies based in mainland China and Hong Kong, accusing them of supplying Iran's military with components for drones and weapons. The move came days before a planned Trump-Xi summit. Beijing called the decision 'unilateral coercion' and said it will respond with countermeasures.
South China Morning Post2 h agoHSI USDCNH