- China responded today to US President Donald Trump’s threat of an “economic D-Day” against Iran, saying that sanctions do not fit the interest of any party.
- Lin Jian, China’s foreign ministry spokesperson, stated that sanctions and pressure tactics are not the solution and urged for a political settlement through negotiation.
- Iran's parliament speaker Ghalibaf declared that Tehran is prepared to “sacrifice our wealth” to defend the country’s dignity and honor.
- Treasury Secretary Scott Bessent has urged Beijing to “get with the program” regarding Trump's economic threats against Iran.
- Beijing is a source of crucial economic support for Iran, buying 90% of Iranian crude exports, while maintaining a cautious diplomatic line amid the US-Iran conflict.
- China has condemned Trump's “unlawful” threat of an elevated economic campaign against Tehran, emphasizing the need for a diplomatic approach.
- Lin Jian reiterated that China calls on parties to act responsibly and stick to a political and diplomatic approach.
China has firmly rejected President Trump's 'economic D-Day' threat against Iran, stating that sanctions do not serve any party's interests.17
Lin Jian, spokesperson for China's foreign ministry, emphasized that sanctions and pressure tactics are not the solution and called for negotiation and dialogue to resolve disputes.238
Beijing has been a crucial economic ally for Tehran, purchasing 90% of its crude exports, according to Vortexa Analytics.6
In response to the U.S. pressure, Iran's parliament speaker, Mohammad Bagher Ghalibaf, declared that the nation is ready to 'sacrifice our wealth' to uphold its dignity and honor.4
He further stated, 'we must plan for unjust sanctions so that we can overcome them.'
The U.S. threat is seen as unlikely to compel Iran without China's cooperation, which remains cautious amid the ongoing U.S.-Iran tensions.
China's leverage in critical minerals, essential for various industries, adds complexity to the situation, as Trump must navigate carefully while Western nations seek alternative supply chains.
“China buys 90% of Iranian crude exports, making it Tehran's lifeline, yet Beijing has walked a cautious line amid the US-Iran war. Trump has little leverage over China, which processes about 90% of the world's critical minerals, a key bargaining chip.”
