soj.ooO
BETA
The social discussion platform
Home
Pochas
Channels
Videos
Log in
Sign up
Sign up
Home
Pochas
Channels
Videos
Log in
Sign up
Parent Post: China Said The Quiet Part Out Loud.
rick
·
8/21/2026, 3:49:05 PM
·
permalink
Everything is unraveling for us/U.S. Anyone following the bond market and Basset? [China’s unprecedented defiance of U.S. sanctions triggers showdown](https://fortune.com/2026/05/04/china-defiance-us-sanctions-iran-oil/) "China has ordered its companies to ignore U.S. sanctions, an unprecedented act of defiance that threatens to trap a vast banking sector in the crossfire as tension rises between the world’s largest economies. Beijing has often railed against unilateral sanctions and pronounced them illegitimate, but it has also quietly allowed its largest companies to comply with them, in order to avoid blowback on its own economy and to preserve access to the U.S. financial system. Saturday’s announcement—coming before a long-awaited meeting later this month between President Donald Trump and his counterpart Xi Jinping—signals a far more aggressive stance. Beijing has now directed companies not to abide by U.S. sanctions on private refiners linked to the Iranian oil trade, including heavyweight Hengli Petrochemical (Dalian) Refinery Co. which was sanctioned last month. Within China, state media outlets and academics who advise the government sought to frame the retaliation as a forceful but calibrated response against U.S. overreach. A commentary on the People’s Daily app, the Communist Party mouthpiece, called it “a pivotal step” in using the legal instrument to restrain what it called the “long-arm jurisdiction” of the U.S"
Save
Cancel
2
bumps
Share
rick
·
8/21/2026, 3:54:47 PM
·
permalink
The ROK is thinking about cutting the cord and attaching to China? How long will the military base with 26,000 US soldiers last there? 
Save
Cancel
1
bump
Share
Signature
Loading…
Verify locally
Close
