China doesn't confirm whether or not it received exemption on Iran sanctions

Author: Justin Low | Category: News

China's foreign ministry refuses to comment on exemption talks


  • Says that China's lawful exchanges with Iran should be respected
ForexLive
Reading between the lines, it's likely the case that they aren't granted any exemption by the US on this. If anything, I'd expect the US to pressure China further on trade so a free waiver would go very much against that rhetoric.

In other news, there's some positives to be taken for Australia at least as China confirms that Australia's foreign minister Julie Bishop will be visiting the country next week. Diplomatic relations between the two have been a little cold this year and Bishop previously was reported to be unable to arrange an appointment with Beijing in a bid to calm things down.

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