Further comments from China's commerce ministry
- Says that Iran is an important trading partner to China
- Says that US sanctions on Iran oil will worsen volatility in oil markets
- Reiterates that it will defend its firms' rights in the situation
While trade tensions continue to brew, there's also another issue involving US and China and that is the situation in Iran. The US is looking to step up sanctions against Iran but so far, China is maintaining their resolve in stating that they will continue to keep trade relations with Iran despite fresh sanctions being levied.
